£316,370
This estimated value is based upon the latest sale price for the house of £157,000 on 7 May 2004. This value is then adjusted by the current Official House Price Index for READING 1
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111 Oxford Road, Reading, RG1 7UH
Phone: 01184438883
| Price Paid | Date |
|---|---|
| £157,000 | 7 May 2004 |
| £100,000 | 3 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 May 2004 the House Price Index for READING was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £157,000 results in an estimated price of approximately £316,370.
| 7 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £157,000 | £159,370 | £316,370 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | 56.405 % | £88,555 | £245,555 |
| 3 Month Average | 57.142 % | £89,713 | £246,713 |
| 6 Month Average | 81.950 % | £128,660 | £285,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £148,904 | £147,000 | FLAT 3 130 CASTLE HILL |
| 24 Aug 2023 | £438,839 | £435,000 | 19 CAREY STREET |
| 2 Aug 2023 | £332,912 | £330,000 | 18 CAREY STREET |
| 31 Mar 2023 | £154,455 | £153,000 | FLAT 2 130 CASTLE HILL |
| 24 Jun 2022 | £162,294 | £160,000 | FLAT 1 132 CASTLE HILL |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Apr 2017. Using an estimated price of £316,371 means this house is valued at £5,454 per sq meter (£506 per sq foot).
The average size of a house on JESSE TERRACE is 175 sq meters (1,888 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Marshall Close |
| Mar 2024 | Anti-social behaviour | On or near Marshall Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Marshall Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jesse Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jesse Terrace |