£267,338
This estimated value is based upon the latest sale price for the house of £265,000 on 24 Aug 2023. 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 |
|---|---|
| £265,000 | 24 Aug 2023 |
| £235,000 | 8 May 2015 |
| Flats/Maisonettes |
| Leasehold |
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 2023 the House Price Index for READING was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £265,000 results in an estimated price of approximately £267,338.
| 24 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £265,000 | £2,338 | £267,338 |
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 | 1.321 % | £3,500 | £268,500 |
| 3 Month Average | -13.126 % | £-34,784 | £230,215 |
| 6 Month Average | 4.051 % | £10,733 | £275,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £267,339 | £265,000 | FLAT 10 SOVEREIGN COURT, 318A KINGS ROAD |
| 7 Jul 2023 | £506,821 | £500,000 | 145 LONDON ROAD |
| 24 Feb 2023 | £249,832 | £250,000 | FLAT 3 SOVEREIGN COURT, 318A KINGS ROAD |
| 10 Feb 2023 | £282,810 | £283,000 | FLAT 2 THE PINNACLE KINGS ROAD |
| 14 Oct 2022 | £247,337 | £250,000 | FLAT 21 THE PINNACLE KINGS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsgate Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Kingsgate Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsgate Street |
| Mar 2024 | Anti-social behaviour | On or near Kingsgate Street | |
| Mar 2024 | Anti-social behaviour | On or near Kingsgate Street |