£972,926
This estimated value is based upon the latest sale price for the house of £715,000 on 17 Mar 2016. 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 |
|---|---|
| £715,000 | 17 Mar 2016 |
| 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 March 2016 the House Price Index for READING was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £715,000 results in an estimated price of approximately £972,926.
| 17 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £715,000 | £257,926 | £972,926 |
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 | 1.904 % | £13,611 | £728,611 |
| 3 Month Average | 3.926 % | £28,072 | £743,072 |
| 6 Month Average | -0.097 % | £-694 | £714,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £482,241 | £470,000 | 21 BROOKSBY ROAD |
| 8 Sep 2023 | £639,088 | £625,000 | BROOKSBY HOUSE CHEPSTOW ROAD |
| 1 Sep 2023 | £578,758 | £566,000 | 27 BROOKSBY ROAD |
| 7 Aug 2023 | £926,714 | £910,000 | 74 OAK TREE ROAD |
| 7 Jun 2022 | £521,140 | £510,000 | 1 THE CEDARS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cedars |
| Jul 2024 | Anti-social behaviour | On or near Chepstow Road | |
| 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 |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wardle Avenue |