£145,320
This estimated value is based upon the latest sale price for the house of £87,475 on 8 Aug 2008. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £87,475 | 8 Aug 2008 |
| £60,000 | 17 Jun 2002 |
| £29,000 | 2 Aug 1996 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 August 2008 the House Price Index for READING was 88.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.128%.Applying this 66.128% change to the original purchase price of £87,475 results in an estimated price of approximately £145,320.
| 8 Aug 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 146.7 | 66.128 % | £87,475 | £57,845 | £145,320 |
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 | -2.598 % | £-2,272 | £85,202 |
| 3 Month Average | 45.475 % | £39,778 | £127,253 |
| 6 Month Average | 67.180 % | £58,766 | £146,241 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Oct 2018.
The average size of a house on COPENHAGEN CLOSE is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copenhagen Close |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Bobgreen Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitley Wood Lane |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Whitley Wood Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitley Wood Lane |