£509,426
This estimated value is based upon the latest sale price for the house of £410,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £410,000 | 19 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2019 the House Price Index for READING was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £410,000 results in an estimated price of approximately £509,426.
| 19 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £410,000 | £99,426 | £509,426 |
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 | -38.596 % | £-158,242 | £251,757 |
| 3 Month Average | -6.156 % | £-25,240 | £384,759 |
| 6 Month Average | -3.909 % | £-16,027 | £393,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £280,242 | £275,000 | FLAT 4 3 TIDMAN ROAD |
| 27 Oct 2022 | £313,951 | £315,000 | 21 TIDMAN ROAD |
| 28 Jun 2022 | £120,577 | £118,000 | FLAT 5 7 TIDMAN ROAD |
| 8 Apr 2022 | £544,647 | £525,000 | 6 TIDMAN ROAD |
| 25 Feb 2022 | £327,502 | £310,000 | 10 TIDMAN ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 15 May 2019. Using an estimated price of £509,427 means this house is valued at £4,631 per sq meter (£430 per sq foot).
The average size of a house on TIDMAN ROAD is 107 sq meters (1,160 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Elizabeth Close |
| 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 | Drugs | Local resolution | On or near Petrol Station |
| May 2024 | Other theft | Under investigation | On or near Petrol Station |