£323,516
This estimated value is based upon the latest sale price for the house of £252,500 on 22 Jun 2017. 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 |
|---|---|
| £252,500 | 22 Jun 2017 |
| £197,500 | 28 Nov 2014 |
| £43,950 | 12 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 June 2017 the House Price Index for READING was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £252,500 results in an estimated price of approximately £323,516.
| 22 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £252,500 | £71,016 | £323,516 |
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 | 0.692 % | £1,748 | £254,248 |
| 3 Month Average | -2.887 % | £-7,289 | £245,210 |
| 6 Month Average | -2.554 % | £-6,449 | £246,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2022 | £242,068 | £245,000 | 25 CUMBERLAND ROAD |
| 8 Apr 2022 | £293,493 | £285,000 | 60 CUMBERLAND ROAD |
| 20 Oct 2021 | £292,110 | £264,000 | 44 CUMBERLAND ROAD |
| 31 Aug 2021 | £295,638 | £265,000 | 40 CUMBERLAND ROAD |
| 9 Aug 2021 | £323,529 | £290,000 | 26 CUMBERLAND ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 30 Sep 2019. Using an estimated price of £323,517 means this house is valued at £6,221 per sq meter (£577 per sq foot).
The average size of a house on AMITY ROAD is 69 sq meters (746 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Amity Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Amity Road |
| Mar 2024 | Burglary | Under investigation | On or near Cholmeley Place |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Cholmeley Place |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cholmeley Terrace |