£698,207
This estimated value is based upon the latest sale price for the house of £400,000 on 12 May 2006. This value is then adjusted by the current Official House Price Index for BERKSHIRE 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £400,000 | 12 May 2006 |
| £170,000 | 13 Jun 1996 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for BERKSHIRE to estimate the market value.
When this house was purchased in May 2006 the House Price Index for BERKSHIRE was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £400,000 results in an estimated price of approximately £698,207.
| 12 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £400,000 | £298,207 | £698,207 |
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 | 23.140 % | £92,561 | £492,561 |
| 3 Month Average | 40.415 % | £161,659 | £561,659 |
| 6 Month Average | 72.669 % | £290,675 | £690,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £609,016 | £600,000 | 26 MEADOWSIDE |
| 1 Sep 2023 | £648,289 | £640,000 | 52 MEADOWSIDE |
| 9 Jun 2022 | £466,594 | £460,000 | 6 THE KNOLL |
| 19 Nov 2021 | £448,828 | £415,000 | 7 THE KNOLL |
| 4 Aug 2020 | £839,346 | £700,000 | 4 WILLOW GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Highworth Way |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Highworth Way |
| Apr 2024 | Anti-social behaviour | On or near Ridgemount Close | |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Ridgemount Close |
| Apr 2024 | Anti-social behaviour | On or near Hillview Close |