£643,758
This estimated value is based upon the latest sale price for the house of £524,950 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for READING 1
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5 School Green, Shinfield, Reading, RG2 9EE
Phone: 01189099792
Price Paid | Date |
---|---|
£524,950 | 25 Oct 2019 |
Detached |
Freehold |
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 October 2019 the House Price Index for READING was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £524,950 results in an estimated price of approximately £643,758.
25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £524,950 | £118,808 | £643,758 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | -21.522 % | £-112,981 | £411,968 |
3 Month Average | -5.995 % | £-31,469 | £493,480 |
6 Month Average | -9.194 % | £-48,265 | £476,684 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2023 | £524,946 | £520,000 | 3 SHEERLANDS ROAD |
15 Mar 2023 | £328,091 | £325,000 | 8 WEAVER AVENUE |
15 Jul 2022 | £516,390 | £515,000 | 5 SHEERLANDS ROAD |
24 Sep 2021 | £560,348 | £520,000 | 1 CRUSADER CLOSE |
18 Dec 2020 | £582,465 | £507,500 | 6 LANCE WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Gerring Road | |
Feb 2024 | Anti-social behaviour | On or near Gerring Road | |
Feb 2024 | Anti-social behaviour | On or near Gerring Road | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Crusader Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Whitehall Drive |