£565,682
This estimated value is based upon the latest sale price for the house of £558,420 on 14 Nov 2023. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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301 Loddon Bridge Road, Woodley, Reading, RG5 4BE
Phone: 01184438910
| Price Paid | Date |
|---|---|
| £558,420 | 14 Nov 2023 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in November 2023 the House Price Index for WOKINGHAM was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £558,420 results in an estimated price of approximately £565,682.
| 14 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £558,420 | £7,262 | £565,682 |
The Postcode Pricing Model uses changes in average sales price within the RG5 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 | -6.183 % | £-34,528 | £523,891 |
| 3 Month Average | 1.398 % | £7,808 | £566,228 |
| 6 Month Average | -4.917 % | £-27,459 | £530,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £516,746 | £515,000 | 7 CORNFIELD ROAD |
| 20 Dec 2023 | £384,780 | £377,500 | 4 LEYBURN CLOSE |
| 14 Nov 2023 | £566,812 | £558,420 | 3 BRANDON AVENUE |
| 4 Sep 2023 | £381,376 | £376,500 | 3 LEYBURN CLOSE |
| 3 Jul 2023 | £514,870 | £510,000 | 7 TIPPINGS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cornfield Road |
| Apr 2024 | Anti-social behaviour | On or near The Parade | |
| Apr 2024 | Other theft | Under investigation | On or near The Parade |