£841,244
This estimated value is based upon the latest sale price for the house of £460,000 on 19 Dec 2008. 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 |
|---|---|
| £460,000 | 19 Dec 2008 |
| £299,950 | 26 Jul 2004 |
| £127,500 | 26 Nov 1997 |
| 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 2008 the House Price Index for READING was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £460,000 results in an estimated price of approximately £841,244.
| 19 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 149.7 | 82.879 % | £460,000 | £381,244 | £841,244 |
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 | 43.860 % | £201,756 | £661,756 |
| 3 Month Average | 49.235 % | £226,479 | £686,479 |
| 6 Month Average | 38.854 % | £178,729 | £638,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £639,088 | £625,000 | BROOKSBY HOUSE CHEPSTOW ROAD |
| 9 Aug 2023 | £682,306 | £670,000 | 1 SOUTHERNDENE CLOSE |
| 7 Jun 2022 | £521,140 | £510,000 | 1 THE CEDARS |
| 28 Jan 2022 | £784,547 | £740,000 | 10 BROOKSBY ROAD |
| 2 Sep 2020 | £897,128 | £750,000 | 136 WESTWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Chepstow Road | |
| 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 |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cedars |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Armour Walk |