£517,310
This estimated value is based upon the latest sale price for the house of £510,000 on 7 Jun 2022. This value is then adjusted by the current Official House Price Index for READING 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £510,000 | 7 Jun 2022 |
| £171,500 | 18 Aug 1999 |
| 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 June 2022 the House Price Index for READING was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £510,000 results in an estimated price of approximately £517,310.
| 7 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £510,000 | £7,310 | £517,310 |
The Postcode Pricing Model uses changes in average sales price within the RG31 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 | -29.121 % | £-148,518 | £361,481 |
| 3 Month Average | -19.208 % | £-97,958 | £412,041 |
| 6 Month Average | -5.290 % | £-26,980 | £483,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2022 | £517,311 | £510,000 | 1 THE CEDARS |
| 27 May 2022 | £326,145 | £320,000 | 5A NEWBERY CLOSE |
| 25 Jan 2022 | £782,350 | £743,390 | 97 OAK TREE ROAD |
| 6 Jan 2021 | £716,750 | £628,000 | 20 ARMOUR HILL |
| 6 Nov 2020 | £411,571 | £355,000 | 32 NEWBERY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Armour Walk |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wardle Avenue |