£547,248
This estimated value is based upon the latest sale price for the house of £99,000 on 25 Oct 1996. 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 |
|---|---|
| £99,000 | 25 Oct 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 October 1996 the House Price Index for BERKSHIRE was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £99,000 results in an estimated price of approximately £547,248.
| 25 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £99,000 | £448,248 | £547,248 |
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 | 371.145 % | £367,433 | £466,433 |
| 3 Month Average | 303.046 % | £300,015 | £399,015 |
| 6 Month Average | 286.230 % | £283,367 | £382,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £378,599 | £370,000 | 19 LUCEY CLOSE |
| 29 Jun 2023 | £433,691 | £425,000 | 7 LYTHAM END |
| 28 Apr 2023 | £397,434 | £390,000 | 8 CRANMER CLOSE |
| 2 Feb 2023 | £422,824 | £420,000 | 4 LUCEY CLOSE |
| 18 Aug 2022 | £351,644 | £350,000 | 6 WARBRECK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Marten Place | |
| Jun 2024 | Other theft | Under investigation | On or near Marten Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rosemead Avenue |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Addiscombe Chase |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area |