£277,846
This estimated value is based upon the latest sale price for the house of £49,300 on 2 Feb 1996. 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 |
|---|---|
| £49,300 | 2 Feb 1996 |
| Terraced |
| Freehold |
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 February 1996 the House Price Index for READING was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £49,300 results in an estimated price of approximately £277,846.
| 2 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £49,300 | £228,546 | £277,846 |
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 | 466.769 % | £230,117 | £279,417 |
| 3 Month Average | 452.848 % | £223,253 | £272,553 |
| 6 Month Average | 501.619 % | £247,298 | £296,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £172,319 | £170,000 | 130 AMITY ROAD |
| 14 Jul 2023 | £319,297 | £315,000 | 56 CHOLMELEY ROAD |
| 6 Apr 2023 | £288,102 | £285,000 | 142 AMITY ROAD |
| 21 Feb 2022 | £283,148 | £270,000 | 28 FRESHWATER ROAD |
| 21 Jan 2022 | £294,674 | £280,000 | 80 AMITY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Cholmeley Road |
| 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 | Under investigation | On or near Amity Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Amity Road |