£251,124
This estimated value is based upon the latest sale price for the house of £249,950 on 24 Aug 2022. This value is then adjusted by the current Official House Price Index for READING 1
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78 Christchurch Road, Reading, RG2 7AZ
Phone: 01184430058
Price Paid | Date |
---|---|
£249,950 | 24 Aug 2022 |
£154,000 | 7 Oct 2009 |
£50,000 | 30 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 987 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 August 2022 the House Price Index for READING was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £249,950 results in an estimated price of approximately £251,124.
24 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £249,950 | £1,174 | £251,124 |
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 | -30.208 % | £-75,504 | £174,445 |
3 Month Average | -2.507 % | £-6,266 | £243,683 |
6 Month Average | 7.456 % | £18,635 | £268,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £374,506 | £365,000 | 9 CORBRIDGE ROAD |
24 Aug 2022 | £251,124 | £249,950 | 249 NEWCASTLE ROAD |
26 Jul 2022 | £432,937 | £428,599 | 48 STANHOPE ROAD |
22 Jul 2022 | £432,332 | £428,000 | 28 STANHOPE ROAD |
14 Apr 2022 | £321,601 | £310,000 | 25 STANHOPE ROAD |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 31 Jul 2009. Using an estimated price of £251,124 means this house is valued at £2,738 per sq meter (£254 per sq foot).
The average size of a house on NEWCASTLE ROAD is 84 sq meters (913 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sherfield Close |
Jul 2024 | Anti-social behaviour | On or near Stanhope Road | |
Jun 2024 | Other theft | Under investigation | On or near Stanhope Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanhope Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanhope Road |