£229,148
This estimated value is based upon the latest sale price for the house of £135,000 on 8 Apr 2010. 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 |
|---|---|
| £135,000 | 8 Apr 2010 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 598 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 April 2010 the House Price Index for READING was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £135,000 results in an estimated price of approximately £229,148.
| 8 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £135,000 | £94,148 | £229,148 |
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 | 41.217 % | £55,642 | £190,642 |
| 3 Month Average | 50.341 % | £67,960 | £202,960 |
| 6 Month Average | 67.703 % | £91,399 | £226,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £265,393 | £262,000 | 23 REGENT STREET |
| 1 Aug 2023 | £645,648 | £640,000 | 239 LONDON ROAD |
| 12 Jul 2023 | £334,502 | £330,000 | 35 CHOLMELEY ROAD |
| 16 Jun 2023 | £301,148 | £297,500 | 22 CHOLMELEY TERRACE |
| 27 Mar 2023 | £263,482 | £261,000 | 24 REGENT STREET |
This house has a floor area of 55 sq meters or 598 sq feet when measured on 2 Oct 2008. Using an estimated price of £229,148 means this house is valued at £4,119 per sq meter (£382 per sq foot).
The average size of a house on REGENT STREET is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cholmeley Terrace |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cholmeley Terrace |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cholmeley Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cholmeley Terrace |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cholmeley Terrace |