£659,040
This estimated value is based upon the latest sale price for the house of £362,500 on 7 Aug 2009. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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Wearside House, Hazel Road, Reading, RG8 8BB
Phone: 01184432358
| Price Paid | Date |
|---|---|
| £362,500 | 7 Aug 2009 |
| Detached |
| Freehold |
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 August 2009 the House Price Index for WEST BERKSHIRE was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £362,500 results in an estimated price of approximately £659,040.
| 7 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £362,500 | £296,540 | £659,040 |
The Postcode Pricing Model uses changes in average sales price within the RG8 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 | -2.018 % | £-7,314 | £355,185 |
| 3 Month Average | 72.873 % | £264,166 | £626,666 |
| 6 Month Average | 67.216 % | £243,659 | £606,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £554,818 | £550,000 | 23 NURSERY GARDENS |
| 29 Jul 2022 | £696,984 | £690,000 | 9 ELYHAM |
| 1 Apr 2022 | £264,543 | £255,000 | 16 SAUNDERS COURT |
| 1 Apr 2022 | £331,975 | £320,000 | 2 BRYANT PLACE |
| 23 Mar 2022 | £260,983 | £250,000 | 20 SAUNDERS COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Winston Way | |
| Jun 2024 | Anti-social behaviour | On or near Winston Way | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Purley Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Belleisle |
| May 2024 | Anti-social behaviour | On or near Bowling Green Lane |