£586,561
This estimated value is based upon the latest sale price for the house of £475,000 on 10 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 10 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in September 2018 the House Price Index for WEST BERKSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £475,000 results in an estimated price of approximately £586,561.
| 10 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £475,000 | £111,561 | £586,561 |
The Postcode Pricing Model uses changes in average sales price within the RG14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 14.906 % | £70,803 | £545,803 |
| 3 Month Average | -0.529 % | £-2,510 | £472,489 |
| 6 Month Average | 6.540 % | £31,064 | £506,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £628,030 | £620,000 | 8 BENETT CLOSE |
| 1 Sep 2023 | £238,044 | £235,000 | 7 TELFORD COURT OLD COLLEGE ROAD |
| 18 Aug 2023 | £221,942 | £220,000 | 2 MCKENZIE COURT ORMONDE GARDENS |
| 11 Jul 2023 | £721,713 | £712,000 | 4 BENETT GARDENS |
| 3 Mar 2023 | £853,037 | £845,000 | 18 CASTLE GROVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 16 May 2018. Using an estimated price of £586,561 means this house is valued at £5,190 per sq meter (£482 per sq foot).
The average size of a house on CASTLE GROVE is 155 sq meters (1,675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Penrose Close |
| Feb 2024 | Anti-social behaviour | On or near Ormonde Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Ormonde Gardens | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ormonde Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ormonde Gardens |