403 READING ROAD

£4,490,884

Full Address

403 READING ROAD
WINNERSH
WOKINGHAM
WOKINGHAM
UNITED KINGDOM
RG11 5HU

Estimated Market Value

£4,490,884

This estimated value is based upon the latest sale price for the house of £1,175,000 on 1 Mar 2000. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1

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Transactions for this house
Price PaidDate
£1,175,0001 Mar 2000
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.

When this house was purchased in March 2000 the House Price Index for WOKINGHAM was 38.4.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 282.203%.

Applying this 282.203% change to the original purchase price of £1,175,000 results in an estimated price of approximately £4,490,884.

1 Mar 2000 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
38.4 146.7 282.203 % £1,175,000 £3,315,884 £4,490,884

The Postcode Pricing Model uses changes in average sales price within the RG11 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 -84.255 % £-989,999 £185,000
3 Month Average -84.255 % £-989,999 £185,000
6 Month Average -84.255 % £-989,999 £185,000
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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