£337,483
This estimated value is based upon the latest sale price for the house of £315,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 20 Dec 2021 |
| £258,000 | 20 Aug 2018 |
| £238,500 | 29 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in December 2021 the House Price Index for WEST BERKSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £315,000 results in an estimated price of approximately £337,483.
| 20 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £315,000 | £22,483 | £337,483 |
The Postcode Pricing Model uses changes in average sales price within the RG14 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 | 49.559 % | £156,110 | £471,110 |
| 3 Month Average | 10.022 % | £31,569 | £346,569 |
| 6 Month Average | 10.724 % | £33,781 | £348,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £400,936 | £395,000 | 12 PARK TERRACE |
| 20 Oct 2022 | £237,443 | £240,000 | FLAT 40 BAILY PARK WAY |
| 20 Dec 2021 | £337,484 | £315,000 | 5 PARK TERRACE |
| 20 Sep 2021 | £862,074 | £800,000 | 37 LONDON ROAD |
| 20 Sep 2021 | £862,074 | £800,000 | 22 PARK STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 15 Jul 2019. Using an estimated price of £337,484 means this house is valued at £3,552 per sq meter (£330 per sq foot).
The average size of a house on PARK TERRACE is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Park Way | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clarendon Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clarendon Gardens |