£511,931
This estimated value is based upon the latest sale price for the house of £375,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for READING 1
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21 Whitley Street, Reading, RG2 0EG
Phone: 01184430111
| Price Paid | Date |
|---|---|
| £375,000 | 5 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 sq feet |
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 February 2016 the House Price Index for READING was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £375,000 results in an estimated price of approximately £511,931.
| 5 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £375,000 | £136,931 | £511,931 |
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 | 8.200 % | £30,750 | £405,750 |
| 3 Month Average | 22.781 % | £85,428 | £460,428 |
| 6 Month Average | 15.686 % | £58,823 | £433,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £199,747 | £198,000 | FLAT 6 14 MIDGHAM WAY |
| 28 Jul 2023 | £258,479 | £255,000 | FLAT 8 14 MIDGHAM WAY |
| 3 Apr 2023 | £515,551 | £510,000 | 14 GREENHAM AVENUE |
| 30 Nov 2022 | £328,027 | £332,000 | FLAT 9 39 GREENHAM AVENUE |
| 29 Nov 2022 | £205,017 | £207,500 | FLAT 3 39 GREENHAM AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 9 Dec 2015. Using an estimated price of £511,932 means this house is valued at £4,230 per sq meter (£393 per sq foot).
The average size of a house on MIDGHAM WAY is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Midgham Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Midgham Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Midgham Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Midgham Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Midgham Way |