£196,206
This estimated value is based upon the latest sale price for the house of £117,000 on 3 Nov 2006. 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 Lock Place
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12 Wokingham Road, Reading, RG6 1JG
Phone: 01184436722
| Price Paid | Date |
|---|---|
| £117,000 | 3 Nov 2006 |
| £108,000 | 2 Apr 2004 |
| £104,950 | 28 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 November 2006 the House Price Index for READING was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £117,000 results in an estimated price of approximately £196,206.
| 3 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £117,000 | £79,206 | £196,206 |
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 | 40.709 % | £47,629 | £164,629 |
| 3 Month Average | 43.046 % | £50,363 | £167,363 |
| 6 Month Average | 59.679 % | £69,824 | £186,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £190,000 | £190,000 | 54 KENNET WALK |
| 18 Sep 2023 | £177,267 | £175,000 | 94 KENNET WALK |
| 17 Aug 2023 | £252,206 | £250,000 | 46 KENNET WALK |
| 21 Jul 2023 | £238,206 | £235,000 | 4 CANAL WAY |
| 27 Jan 2023 | £265,748 | £267,000 | 162 KENNET WALK |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 28 Oct 2014. Using an estimated price of £196,207 means this house is valued at £3,847 per sq meter (£357 per sq foot).
The average size of a house on LOCK PLACE is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Lock Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lock Place |
| Feb 2024 | Anti-social behaviour | On or near Canal Way | |
| Feb 2024 | Anti-social behaviour | On or near Canal Way | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Canal Way |