£360,599
This estimated value is based upon the latest sale price for the house of £210,000 on 25 Feb 2011. This value is then adjusted by the current Official House Price Index for READING 1
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50 London Street, Reading, RG1 4SQ
Phone: 01189380159
| Price Paid | Date |
|---|---|
| £210,000 | 25 Feb 2011 |
| £120,000 | 16 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 713 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 2011 the House Price Index for READING was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £210,000 results in an estimated price of approximately £360,599.
| 25 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £210,000 | £150,599 | £360,599 |
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 | 76.496 % | £160,641 | £370,641 |
| 3 Month Average | 71.856 % | £150,897 | £360,897 |
| 6 Month Average | 64.124 % | £134,661 | £344,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £331,235 | £327,000 | 65 ELGAR ROAD |
| 13 Sep 2023 | £407,207 | £402,000 | 70 ELGAR ROAD |
| 2 Jun 2023 | £417,052 | £412,000 | 62 ELGAR ROAD |
| 24 Feb 2023 | £349,765 | £350,000 | 19 ELGAR ROAD |
| 23 Feb 2023 | £510,656 | £511,000 | 11 SAILCLOTH CLOSE |
This house has a floor area of 66 sq meters or 713 sq feet when measured on 30 Nov 2010. Using an estimated price of £360,600 means this house is valued at £5,442 per sq meter (£505 per sq foot).
The average size of a house on ELGAR ROAD is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Sailcloth Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sailcloth Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sailcloth Close |
| Feb 2024 | Anti-social behaviour | On or near Sailcloth Close | |
| Feb 2024 | Anti-social behaviour | On or near Sailcloth Close |