£565,736
This estimated value is based upon the latest sale price for the house of £525,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 30 Sep 2021 |
| £400,000 | 12 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2021 the House Price Index for WEST BERKSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £525,000 results in an estimated price of approximately £565,736.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £525,000 | £40,736 | £565,736 |
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 | 9.815 % | £51,526 | £576,526 |
| 3 Month Average | -1.153 % | £-6,054 | £518,945 |
| 6 Month Average | 3.151 % | £16,540 | £541,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £281,670 | £277,500 | 2 TOWN MILLS |
| 15 Nov 2023 | £253,757 | £250,000 | FLAT 2 ODDFELLOWS HEIGHTS ODDFELLOWS ROAD |
| 1 Feb 2023 | £79,946 | £80,000 | 1 WEST MILLS YARD |
| 25 Oct 2022 | £242,390 | £245,000 | FLAT 11 ODDFELLOWS HEIGHTS ODDFELLOWS ROAD |
| 26 Aug 2022 | £339,087 | £340,000 | 16 TOWN MILLS |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 25 Sep 2013. Using an estimated price of £565,736 means this house is valued at £5,337 per sq meter (£495 per sq foot).
The average size of a house on WEST MILLS is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near West Mills |
| Jan 2024 | Drugs | Local resolution | On or near West Mills |
| Dec 2023 | Drugs | Local resolution | On or near West Mills |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oddfellows Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oddfellows Road |