£766,905
This estimated value is based upon the latest sale price for the house of £750,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for READING 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £750,000 | 1 Sep 2023 |
| £567,500 | 6 Sep 2019 |
| Detached |
| 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 September 2023 the House Price Index for READING was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £750,000 results in an estimated price of approximately £766,905.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £750,000 | £16,905 | £766,905 |
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 | 42.321 % | £317,404 | £1,067,404 |
| 3 Month Average | -1.373 % | £-10,296 | £739,703 |
| 6 Month Average | -12.279 % | £-92,088 | £657,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £441,333 | £437,500 | 43 BROOKSBY ROAD |
| 6 Oct 2023 | £486,039 | £475,000 | 32 BROOKSBY ROAD |
| 1 Sep 2023 | £766,906 | £750,000 | 6 OAKHAM CLOSE |
| 7 Aug 2023 | £926,714 | £910,000 | 74 OAK TREE ROAD |
| 11 Apr 2023 | £794,867 | £780,000 | 112 OAK TREE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Oakham Close |
| Jun 2024 | Anti-social behaviour | On or near Parkhill Drive | |
| Jun 2024 | Anti-social behaviour | On or near Parkhill Drive | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Overdown Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cedars |