£402,989
This estimated value is based upon the latest sale price for the house of £87,000 on 23 Dec 1998. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Nimrod Way
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21 Whitley Street, Reading, RG2 0EG
Phone: 01184430111
| Price Paid | Date |
|---|---|
| £87,000 | 23 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 1998 the House Price Index for READING was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £87,000 results in an estimated price of approximately £402,989.
| 23 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 149.7 | 363.206 % | £87,000 | £315,989 | £402,989 |
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 | 160.860 % | £139,948 | £226,948 |
| 3 Month Average | 329.504 % | £286,668 | £373,668 |
| 6 Month Average | 363.204 % | £315,987 | £402,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £382,202 | £372,500 | 126 ELGAR ROAD |
| 18 Oct 2023 | £393,947 | £385,000 | 50 ELGAR ROAD |
| 28 Jun 2023 | £622,474 | £610,000 | 6A ELGAR ESTATE |
| 12 Jun 2023 | £265,317 | £260,000 | 169 ELGAR ROAD |
| 5 Apr 2023 | £299,604 | £294,000 | 168 ELGAR ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Dec 2021. Using an estimated price of £402,989 means this house is valued at £5,926 per sq meter (£550 per sq foot).
The average size of a house on ELGAR ROAD SOUTH is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Nimrod Way |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Nimrod Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park View |
| Jul 2024 | Anti-social behaviour | On or near Park View | |
| Jul 2024 | Anti-social behaviour | On or near Park View |