£315,943
This estimated value is based upon the latest sale price for the house of £252,500 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Cholmeley Place
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12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
Price Paid | Date |
---|---|
£252,500 | 29 Sep 2017 |
£213,000 | 29 Jul 2015 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 September 2017 the House Price Index for READING was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £252,500 results in an estimated price of approximately £315,943.
29 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 146.7 | 25.126 % | £252,500 | £63,443 | £315,943 |
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 | -6.859 % | £-17,320 | £235,179 |
3 Month Average | -10.869 % | £-27,443 | £225,056 |
6 Month Average | -2.385 % | £-6,022 | £246,477 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Apr 2013.
The average size of a house on CHOLMELEY PLACE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Cholmeley Place |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Cholmeley Place |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cholmeley Terrace |
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 |