£248,681
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £145,000 | 24 Feb 2012 |
| £117,500 | 22 Aug 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 February 2012 the House Price Index for WEST BERKSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £145,000 results in an estimated price of approximately £248,681.
| 24 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £145,000 | £103,681 | £248,681 |
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 | 62.057 % | £89,982 | £234,982 |
| 3 Month Average | 48.687 % | £70,596 | £215,596 |
| 6 Month Average | 59.660 % | £86,507 | £231,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £140,176 | £138,950 | FLAT 11 BERMAR HOUSE, 37 LONDON ROAD |
| 11 Aug 2023 | £257,251 | £255,000 | 21 CORPORATION COTTAGES PELICAN LANE |
| 12 Apr 2023 | £303,265 | £300,000 | 9 LONDON ROAD |
| 10 Feb 2023 | £299,798 | £300,000 | 3 LONDON ROAD |
| 30 Nov 2022 | £148,205 | £150,000 | FLAT 6 BERMAR HOUSE, 37 LONDON ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 25 Aug 2020. Using an estimated price of £248,682 means this house is valued at £3,272 per sq meter (£303 per sq foot).
The average size of a house on PELICAN LANE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Grove |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Lynton Court |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |