£434,787
This estimated value is based upon the latest sale price for the house of £115,000 on 23 Jun 2000. 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 |
---|---|
£115,000 | 23 Jun 2000 |
£73,500 | 28 Nov 1997 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 June 2000 the House Price Index for READING was 39.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 278.076%.Applying this 278.076% change to the original purchase price of £115,000 results in an estimated price of approximately £434,787.
23 Jun 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.6 | 149.7 | 278.076 % | £115,000 | £319,787 | £434,787 |
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 | 98.998 % | £113,847 | £228,847 |
3 Month Average | 202.988 % | £233,436 | £348,436 |
6 Month Average | 228.064 % | £262,273 | £377,273 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £184,688 | £180,000 | FLAT 5 14 NEWCASTLE ROAD |
9 Nov 2023 | £374,506 | £365,000 | 9 CORBRIDGE ROAD |
28 Feb 2023 | £181,210 | £180,000 | FLAT 1 14 NEWCASTLE ROAD |
25 Jan 2023 | £402,074 | £401,000 | 2 NEWCASTLE ROAD |
24 Aug 2022 | £251,124 | £249,950 | 249 NEWCASTLE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Oct 2018. Using an estimated price of £434,787 means this house is valued at £4,436 per sq meter (£412 per sq foot).
The average size of a house on NEWCASTLE ROAD is 84 sq meters (913 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Newcastle Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newcastle Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Newcastle Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Newcastle Road |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Newcastle Road |