£320,949
This estimated value is based upon the latest sale price for the house of £86,750 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for READING 1
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12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
Price Paid | Date |
---|---|
£86,750 | 11 Aug 2000 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 630 sq feet |
This model uses changes in the Official Land Registry House Price Index for READING to estimate the market value.
When this house was purchased in August 2000 the House Price Index for READING was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £86,750 results in an estimated price of approximately £320,949.
11 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £86,750 | £234,199 | £320,949 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | 116.227 % | £100,826 | £187,576 |
3 Month Average | 129.067 % | £111,965 | £198,715 |
6 Month Average | 156.262 % | £135,557 | £222,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £265,393 | £262,000 | 23 REGENT STREET |
1 Aug 2023 | £645,648 | £640,000 | 239 LONDON ROAD |
12 Jul 2023 | £334,502 | £330,000 | 35 CHOLMELEY ROAD |
16 Jun 2023 | £301,148 | £297,500 | 22 CHOLMELEY TERRACE |
27 Mar 2023 | £263,482 | £261,000 | 24 REGENT STREET |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 24 Oct 2011. Using an estimated price of £320,949 means this house is valued at £5,482 per sq meter (£509 per sq foot).
The average size of a house on REGENT STREET is 67 sq meters (724 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cholmeley Terrace |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Cholmeley Terrace |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cholmeley Terrace |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cholmeley Terrace |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cholmeley Terrace |