£216,121
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Jul 2006. 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 |
|---|---|
| £125,000 | 28 Jul 2006 |
| 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 July 2006 the House Price Index for READING was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £125,000 results in an estimated price of approximately £216,121.
| 28 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £125,000 | £91,121 | £216,121 |
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 | 47.746 % | £59,682 | £184,682 |
| 3 Month Average | 49.872 % | £62,339 | £187,339 |
| 6 Month Average | 64.759 % | £80,949 | £205,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £299,834 | £296,000 | 25 COVENTRY ROAD |
| 21 Apr 2023 | £326,238 | £322,725 | 36 COVENTRY ROAD |
| 10 Mar 2023 | £307,901 | £305,000 | 37 NORTON ROAD |
| 16 Feb 2023 | £329,778 | £330,000 | 37 COVENTRY ROAD |
| 31 Jan 2023 | £263,758 | £265,000 | 67 NORTON ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 14 Sep 2020. Using an estimated price of £216,121 means this house is valued at £2,019 per sq meter (£187 per sq foot).
The average size of a house on COVENTRY ROAD is 72 sq meters (775 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coventry Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Coventry Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Liverpool Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Liverpool Road |
| Mar 2024 | Drugs | Under investigation | On or near Liverpool Road |