£381,475
This estimated value is based upon the latest sale price for the house of £310,000 on 14 Aug 2019. This value is then adjusted by the current Official House Price Index for READING 1
Get our free house price tracker.
Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £310,000 | 14 Aug 2019 |
| Freehold |
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 August 2019 the House Price Index for READING was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £310,000 results in an estimated price of approximately £381,475.
| 14 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £310,000 | £71,475 | £381,475 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | -6.446 % | £-19,982 | £290,017 |
| 3 Month Average | -2.890 % | £-8,959 | £301,040 |
| 6 Month Average | -13.141 % | £-40,736 | £269,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £345,000 | £345,000 | 14 SPENCER ROAD |
| 19 Sep 2023 | £369,727 | £365,000 | 104 SPENCER ROAD |
| 7 Jul 2023 | £177,387 | £175,000 | 20 ASHBY COURT |
| 28 Apr 2023 | £323,483 | £320,000 | 40 HEROES WALK |
| 24 Mar 2023 | £378,567 | £375,000 | 63 SPENCER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Poldark Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Poldark Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Poldark Place |
| Feb 2024 | Bicycle theft | Under investigation | On or near Poldark Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heroes Walk |