£340,227
This estimated value is based upon the latest sale price for the house of £335,000 on 15 Mar 2024. 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 Morpeth Close
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78 Christchurch Road, Reading, RG2 7AZ
Phone: 01184430058
Price Paid | Date |
---|---|
£335,000 | 15 Mar 2024 |
£55,000 | 17 Oct 1996 |
Terraced |
Freehold |
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 March 2024 the House Price Index for READING was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £335,000 results in an estimated price of approximately £340,227.
15 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £335,000 | £5,227 | £340,227 |
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 | 7.443 % | £24,933 | £359,933 |
3 Month Average | 8.885 % | £29,763 | £364,763 |
6 Month Average | 7.954 % | £26,646 | £361,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £406,242 | £400,000 | 11 NEWCASTLE ROAD |
15 Mar 2024 | £340,227 | £335,000 | 31 HEXHAM ROAD |
15 Nov 2023 | £184,688 | £180,000 | FLAT 5 14 NEWCASTLE ROAD |
1 Sep 2023 | £347,664 | £340,000 | 36 MORPETH CLOSE |
28 Feb 2023 | £181,210 | £180,000 | FLAT 1 14 NEWCASTLE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Morpeth Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Morpeth Close |
Jun 2024 | Public order | Under investigation | On or near Morpeth Close |
Jun 2024 | Public order | Under investigation | On or near Morpeth Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Morpeth Close |