£607,998
This estimated value is based upon the latest sale price for the house of £107,000 on 1 Dec 1995. 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 |
|---|---|
| £107,000 | 1 Dec 1995 |
| Semi-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 December 1995 the House Price Index for READING was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.223%.Applying this 468.223% change to the original purchase price of £107,000 results in an estimated price of approximately £607,998.
| 1 Dec 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 468.223 % | £107,000 | £500,998 | £607,998 |
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 | 255.576 % | £273,466 | £380,466 |
| 3 Month Average | 265.346 % | £283,920 | £390,920 |
| 6 Month Average | 366.124 % | £391,752 | £498,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £260,454 | £258,000 | FLAT 3 FAIR OAK FIRCROFT CLOSE |
| 8 Nov 2022 | £410,033 | £415,000 | 123 ARMOUR ROAD |
| 18 Mar 2022 | £652,845 | £630,000 | 128D WESTWOOD ROAD |
| 14 Dec 2020 | £553,772 | £482,500 | 128B WESTWOOD ROAD |
| 2 Sep 2020 | £890,536 | £750,000 | 136 WESTWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wardle Avenue |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Pierce'S Hill |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Newbery Close |