£318,493
This estimated value is based upon the latest sale price for the house of £320,000 on 20 Feb 2023. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
| Price Paid | Date |
|---|---|
| £320,000 | 20 Feb 2023 |
| £225,000 | 28 Apr 2017 |
| £170,000 | 20 Jul 2006 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in February 2023 the House Price Index for WOKINGHAM was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £320,000 results in an estimated price of approximately £318,493.
| 20 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £320,000 | £-1,506 | £318,493 |
The Postcode Pricing Model uses changes in average sales price within the RG7 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 | -31.265 % | £-100,048 | £219,951 |
| 3 Month Average | -16.124 % | £-51,597 | £268,402 |
| 6 Month Average | -17.817 % | £-57,015 | £262,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £318,494 | £320,000 | 8 PORTWAY |
| 23 Nov 2022 | £1,267,447 | £1,288,000 | BULL LANE COTTAGE BULL LANE |
| 14 Oct 2022 | £699,601 | £710,000 | THE RETREAT BASINGSTOKE ROAD |
| 9 May 2022 | £233,471 | £230,000 | FLAT 1 MAGNOLIA HOUSE BASINGSTOKE ROAD |
| 20 Apr 2022 | £446,154 | £435,000 | 2A KENT COTTAGES ODIHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Lane |
| Feb 2024 | Anti-social behaviour | On or near Ragmoor Close | |
| Feb 2024 | Anti-social behaviour | On or near Ragmoor Close | |
| Feb 2024 | Anti-social behaviour | On or near Ragmoor Close | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sun Lane |