£830,534
This estimated value is based upon the latest sale price for the house of £815,000 on 3 Apr 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 |
|---|---|
| £815,000 | 3 Apr 2023 |
| 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 April 2023 the House Price Index for READING was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £815,000 results in an estimated price of approximately £830,534.
| 3 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £815,000 | £15,534 | £830,534 |
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 | -54.299 % | £-442,535 | £372,464 |
| 3 Month Average | -13.648 % | £-111,229 | £703,770 |
| 6 Month Average | -18.373 % | £-149,740 | £665,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £420,679 | £410,000 | 162 OVERDOWN ROAD |
| 15 Sep 2023 | £690,215 | £675,000 | 6 DURANT WAY |
| 3 Apr 2023 | £830,534 | £815,000 | 7 ULLSWATER DRIVE |
| 6 Jan 2023 | £496,326 | £495,000 | 12 RAWLINS RISE |
| 30 Nov 2021 | £825,311 | £757,500 | 2 ROEBUCK RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barbrook Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Nevis Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Beeches |
| Jul 2024 | Vehicle crime | Under investigation | On or near Overdown Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Powley Place |