£394,876
This estimated value is based upon the latest sale price for the house of £322,000 on 23 Oct 2019. This value is then adjusted by the current Official House Price Index for READING 1
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525 Oxford Road, Reading, Berkshire, RG30 1HJ
Phone: 01184439309
Price Paid | Date |
---|---|
£322,000 | 23 Oct 2019 |
£249,950 | 2 Feb 2015 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for READING was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £322,000 results in an estimated price of approximately £394,876.
23 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £322,000 | £72,876 | £394,876 |
The Postcode Pricing Model uses changes in average sales price within the RG30 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 | 32.038 % | £103,162 | £425,162 |
3 Month Average | 21.507 % | £69,254 | £391,254 |
6 Month Average | 11.228 % | £36,154 | £358,154 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £309,583 | £305,000 | 237 WAVERLEY ROAD |
8 Sep 2023 | £215,252 | £212,500 | 1 ROWE COURT |
2 Jun 2023 | £92,116 | £91,000 | 35 ROWE COURT |
23 Feb 2023 | £139,906 | £140,000 | 31 ROWE COURT |
24 Jan 2023 | £107,494 | £108,000 | 40 ROWE COURT |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 29 Aug 2014. Using an estimated price of £394,876 means this house is valued at £4,156 per sq meter (£386 per sq foot).
The average size of a house on GROVELANDS ROAD is 91 sq meters (986 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Grovelands Road | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grovelands Road |
Mar 2024 | Anti-social behaviour | On or near Grovelands Road | |
Mar 2024 | Anti-social behaviour | On or near Grovelands Road | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drayton Road |