£424,520
This estimated value is based upon the latest sale price for the house of £267,000 on 22 May 2008. This value is then adjusted by the current Official House Price Index for BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £267,000 | 22 May 2008 |
| £68,000 | 4 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for BERKSHIRE to estimate the market value.
When this house was purchased in May 2008 the House Price Index for BERKSHIRE was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £267,000 results in an estimated price of approximately £424,520.
| 22 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £267,000 | £157,520 | £424,520 |
The Postcode Pricing Model uses changes in average sales price within the RG18 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 | 66.688 % | £178,056 | £445,056 |
| 3 Month Average | 72.223 % | £192,835 | £459,835 |
| 6 Month Average | 76.930 % | £205,403 | £472,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £333,332 | £327,500 | 81 NORTHFIELD ROAD |
| 3 Nov 2023 | £390,786 | £385,000 | 14 NORLANDS |
| 29 Sep 2023 | £344,404 | £340,000 | 75 NORTHFIELD ROAD |
| 14 Sep 2023 | £379,857 | £375,000 | 4 KIPLING CLOSE |
| 21 Aug 2023 | £348,045 | £345,000 | 40 NORTHWAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Nov 2016. Using an estimated price of £424,520 means this house is valued at £6,152 per sq meter (£571 per sq foot).
The average size of a house on NORLANDS is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Norlands |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Medway Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Medway Close |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Medway Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Sagecroft Road |