£488,017
This estimated value is based upon the latest sale price for the house of £395,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for READING 1
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525 Oxford Road, Reading, Berkshire, RG30 1HJ
Phone: 01184439309
| Price Paid | Date |
|---|---|
| £395,000 | 28 Jun 2019 |
| £282,500 | 25 Oct 2011 |
| £225,000 | 7 Feb 2006 |
| £192,500 | 3 Apr 2002 |
| £92,000 | 10 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 June 2019 the House Price Index for READING was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £395,000 results in an estimated price of approximately £488,017.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £395,000 | £93,017 | £488,017 |
The Postcode Pricing Model uses changes in average sales price within the RG30 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 | 13.537 % | £53,471 | £448,471 |
| 3 Month Average | 14.521 % | £57,356 | £452,356 |
| 6 Month Average | 15.533 % | £61,354 | £456,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £284,986 | £280,000 | 21 HELMSDALE CLOSE |
| 3 Nov 2023 | £236,501 | £233,000 | FLAT 7 109 GROVELANDS ROAD |
| 21 Sep 2023 | £430,504 | £425,000 | 106 GROVELANDS ROAD |
| 4 Apr 2023 | £571,150 | £565,000 | 92 GROVELANDS ROAD |
| 1 Jul 2022 | £330,891 | £330,000 | 23 HELMSDALE CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 25 Mar 2014. Using an estimated price of £488,017 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on GROVELANDS ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thrale Mews |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thrale Mews |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longridge Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Longridge Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Helmsdale Close |