£338,845
This estimated value is based upon the latest sale price for the house of £340,000 on 28 Apr 2023. 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 |
|---|---|
| £340,000 | 28 Apr 2023 |
| £280,000 | 2 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2023 the House Price Index for READING was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £340,000 results in an estimated price of approximately £338,845.
| 28 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £340,000 | £-1,154 | £338,845 |
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 | -16.076 % | £-54,658 | £285,341 |
| 3 Month Average | 3.104 % | £10,553 | £350,553 |
| 6 Month Average | 0.494 % | £1,678 | £341,678 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 18 Dec 2018.
The average size of a house on CARNARVON ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carnarvon Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Carnarvon Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Carnarvon Road |
| Mar 2024 | Anti-social behaviour | On or near De Beauvoir Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near De Beauvoir Road |