£746,749
This estimated value is based upon the latest sale price for the house of £595,000 on 9 Jan 2018. 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 |
|---|---|
| £595,000 | 9 Jan 2018 |
| £205,000 | 31 Jan 1997 |
| 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 January 2018 the House Price Index for BERKSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £595,000 results in an estimated price of approximately £746,749.
| 9 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £595,000 | £151,749 | £746,749 |
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 | -8.728 % | £-51,929 | £543,070 |
| 3 Month Average | -16.302 % | £-96,995 | £498,004 |
| 6 Month Average | 3.218 % | £19,149 | £614,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £559,623 | £560,000 | 15 SKERRITT WAY |
| 31 Jan 2023 | £383,195 | £385,000 | 3 REDWOOD WAY |
| 7 Jul 2022 | £606,633 | £605,000 | 31 MARSHALL CLOSE |
| 12 May 2022 | £509,602 | £500,000 | 7 POWLEY PLACE |
| 4 Apr 2022 | £520,049 | £505,000 | 8 POWLEY PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fullbrook Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barbrook Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Skilton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rissington Close |
| Mar 2024 | Public order | Under investigation | On or near Oak Tree Copse |