£407,346
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 21 Aug 2023 |
| £231,000 | 28 May 2010 |
| £210,000 | 30 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 953 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 August 2023 the House Price Index for WEST BERKSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £400,000 results in an estimated price of approximately £407,346.
| 21 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £400,000 | £7,346 | £407,346 |
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 | -7.869 % | £-31,477 | £368,522 |
| 3 Month Average | -6.923 % | £-27,692 | £372,307 |
| 6 Month Average | -5.287 % | £-21,148 | £378,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £333,465 | £325,000 | 20 ORCHARD CLOSE |
| 30 Aug 2023 | £444,008 | £436,000 | 8 CROMWELL ROAD |
| 21 Aug 2023 | £407,347 | £400,000 | 9 LAWRENCE PLACE |
| 1 Aug 2023 | £191,453 | £188,000 | 8 LAWRENCE PLACE |
| 31 Mar 2023 | £330,520 | £325,000 | 17 ORCHARD CLOSE |
This house has a floor area of 88 sq meters or 953 sq feet when measured on 19 Feb 2010. Using an estimated price of £407,347 means this house is valued at £4,596 per sq meter (£427 per sq foot).
The average size of a house on LAWRENCE PLACE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Lawrence Place |
| May 2024 | Violence and sexual offences | Under investigation | On or near Lawrence Place |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northwood Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Orchard Close |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Riverside Lane |