£520,378
This estimated value is based upon the latest sale price for the house of £467,500 on 12 Mar 2021. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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Price Paid | Date |
---|---|
£467,500 | 12 Mar 2021 |
£352,500 | 31 Jan 2014 |
Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 March 2021 the House Price Index for WEST BERKSHIRE was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £467,500 results in an estimated price of approximately £520,378.
12 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.5 | 148.6 | 11.311 % | £467,500 | £52,878 | £520,378 |
The Postcode Pricing Model uses changes in average sales price within the RG18 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 | 3.322 % | £15,531 | £483,031 |
3 Month Average | 15.552 % | £72,704 | £540,204 |
6 Month Average | 7.851 % | £36,705 | £504,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £529,993 | £525,000 | 55 PARK LANE |
27 Feb 2023 | £334,775 | £335,000 | 33 SAGECROFT ROAD |
2 Nov 2022 | £285,541 | £289,000 | 3 DRYDEN CLOSE |
1 Aug 2022 | £388,953 | £390,000 | 24 PARKSIDE ROAD |
15 Jul 2022 | £370,999 | £370,000 | 93 SAGECROFT ROAD |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 17 Jan 2013. Using an estimated price of £520,378 means this house is valued at £3,252 per sq meter (£302 per sq foot).
The average size of a house on PARK LANE is 124 sq meters (1,343 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Yarrow Close | |
Dec 2023 | Anti-social behaviour | On or near Yarrow Close | |
Dec 2023 | Anti-social behaviour | On or near Yarrow Close | |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Yarrow Close |
Dec 2023 | Anti-social behaviour | On or near Yarrow Close |