£716,288
This estimated value is based upon the latest sale price for the house of £725,000 on 6 Sep 2022. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £725,000 | 6 Sep 2022 |
| £475,000 | 3 Dec 2014 |
| £249,950 | 30 May 2013 |
| £250,000 | 30 Sep 2010 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in September 2022 the House Price Index for WEST BERKSHIRE was 149.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.202%.Applying this -1.202% change to the original purchase price of £725,000 results in an estimated price of approximately £716,288.
| 6 Sep 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.0 | -1.202 % | £725,000 | £-8,711 | £716,288 |
The Postcode Pricing Model uses changes in average sales price within the RG14 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 | 28.944 % | £209,841 | £934,841 |
| 3 Month Average | -11.647 % | £-84,438 | £640,561 |
| 6 Month Average | 3.162 % | £22,925 | £747,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £169,100 | £167,500 | FLAT 14 GROVE COURT NEWTOWN ROAD |
| 15 Feb 2023 | £713,127 | £716,500 | 2 WESTMEAD DRIVE |
| 27 Jan 2023 | £560,080 | £565,000 | 53 PADDOCK ROAD |
| 6 Sep 2022 | £716,288 | £725,000 | 81 PADDOCK ROAD |
| 6 Jun 2022 | £537,447 | £532,000 | 75 PADDOCK ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 23 Jul 2014. Using an estimated price of £716,288 means this house is valued at £4,621 per sq meter (£429 per sq foot).
The average size of a house on PADDOCK ROAD is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Westmead Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belvedere Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belvedere Drive |
| Apr 2024 | Drugs | Under investigation | On or near Cedar Mount |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Friars Road |