£384,135
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Oct 2016. 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 |
---|---|
£290,000 | 28 Oct 2016 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 October 2016 the House Price Index for READING was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £290,000 results in an estimated price of approximately £384,135.
28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £290,000 | £94,135 | £384,135 |
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 | 42.174 % | £122,305 | £412,305 |
3 Month Average | 21.517 % | £62,399 | £352,399 |
6 Month Average | 12.450 % | £36,105 | £326,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £370,485 | £365,000 | 9 CORBRIDGE ROAD |
24 Aug 2022 | £249,279 | £249,950 | 249 NEWCASTLE ROAD |
14 Apr 2022 | £319,238 | £310,000 | 25 STANHOPE ROAD |
25 Feb 2022 | £241,200 | £230,000 | 34 HEXHAM ROAD |
9 Dec 2021 | £260,880 | £243,500 | 2 HADRIAN WALK WEST |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Jul 2016. Using an estimated price of £384,136 means this house is valued at £4,175 per sq meter (£387 per sq foot).
The average size of a house on HEXHAM ROAD is 94 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Hexham Road | |
Feb 2024 | Anti-social behaviour | On or near Hexham Road | |
Feb 2024 | Anti-social behaviour | On or near Hexham Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hexham Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bamburgh Close |