£1,511,934
This estimated value is based upon the latest sale price for the house of £970,000 on 3 Jan 2008. This value is then adjusted by the current Official House Price Index for OXFORDSHIRE 1
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Wearside House, Hazel Road, Reading, RG8 8BB
Phone: 01184432358
| Price Paid | Date |
|---|---|
| £970,000 | 3 Jan 2008 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for OXFORDSHIRE to estimate the market value.
When this house was purchased in January 2008 the House Price Index for OXFORDSHIRE was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £970,000 results in an estimated price of approximately £1,511,934.
| 3 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £970,000 | £541,934 | £1,511,934 |
The Postcode Pricing Model uses changes in average sales price within the RG8 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 | -3.519 % | £-34,131 | £935,868 |
| 3 Month Average | 56.136 % | £544,514 | £1,514,514 |
| 6 Month Average | 44.683 % | £433,422 | £1,403,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,450,377 | £1,425,000 | TREES GREEN LANE |
| 8 Feb 2023 | £1,698,857 | £1,700,000 | COPSE HOUSE |
| 15 Jul 2022 | £160,432 | £160,000 | UNIT 4C WARDS FARM GREENMORE |
| 13 Apr 2022 | £1,673,424 | £1,625,000 | HOLLYSHAW |
| 31 Mar 2022 | £1,373,048 | £1,325,000 | THE FIRS NUNEY GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Deadman'S Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Collins End |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Collins End |
| Jan 2024 | Public order | Under investigation | On or near Collins End |
| Dec 2023 | Public order | Under investigation | On or near Park/Open Space |