£494,418
This estimated value is based upon the latest sale price for the house of £400,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for READING 1
Get our free house price tracker.
Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
Price Paid | Date |
---|---|
£400,000 | 27 Sep 2019 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 September 2019 the House Price Index for READING was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £400,000 results in an estimated price of approximately £494,418.
27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £400,000 | £94,418 | £494,418 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | -31.805 % | £-127,220 | £272,779 |
3 Month Average | -0.222 % | £-888 | £399,111 |
6 Month Average | -2.262 % | £-9,049 | £390,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2022 | £313,951 | £315,000 | 21 TIDMAN ROAD |
25 Feb 2022 | £327,502 | £310,000 | 10 TIDMAN ROAD |
7 Jan 2022 | £425,140 | £401,000 | 14 RUSTON CLOSE |
7 Jan 2022 | £572,507 | £540,000 | 16 TIDMAN ROAD |
23 Dec 2020 | £331,832 | £287,000 | FLAT 3 16 RUSTON CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 11 Jul 2019. Using an estimated price of £494,419 means this house is valued at £4,620 per sq meter (£429 per sq foot).
The average size of a house on TIDMAN ROAD is 107 sq meters (1,160 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Tidman Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park/Open Space |
May 2024 | Other theft | Under investigation | On or near Petrol Station |
May 2024 | Drugs | Local resolution | On or near Petrol Station |
Apr 2024 | Anti-social behaviour | On or near Petrol Station |