£241,990
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Aug 2011. 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 |
|---|---|
| £140,000 | 30 Aug 2011 |
| £120,000 | 4 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 637 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 August 2011 the House Price Index for READING was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £140,000 results in an estimated price of approximately £241,990.
| 30 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £140,000 | £101,990 | £241,990 |
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 | 37.244 % | £52,141 | £192,141 |
| 3 Month Average | 52.969 % | £74,156 | £214,156 |
| 6 Month Average | 60.987 % | £85,381 | £225,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £146,978 | £145,000 | 7 HAVEN COURT |
| 6 Feb 2023 | £274,815 | £275,000 | 88 ORTS ROAD |
| 15 Jun 2022 | £121,720 | £120,000 | 35 NORWOOD ROAD |
| 26 Apr 2022 | £169,917 | £165,000 | 27 NORWOOD ROAD |
| 30 Nov 2021 | £186,020 | £172,000 | 29 NORWOOD ROAD |
This house has a floor area of 59 sq meters or 637 sq feet when measured on 26 Apr 2010. Using an estimated price of £241,990 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on ORTS ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Norwood Road | |
| Mar 2024 | Anti-social behaviour | On or near Norwood Road | |
| Mar 2024 | Anti-social behaviour | On or near Norwood Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norwood Road |
| Mar 2024 | Anti-social behaviour | On or near Norwood Road |