£1,075,361
This estimated value is based upon the latest sale price for the house of £670,000 on 6 Dec 2013. 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 |
|---|---|
| £670,000 | 6 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 231 sq meters or 2,486 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 December 2013 the House Price Index for READING was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £670,000 results in an estimated price of approximately £1,075,361.
| 6 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £670,000 | £405,361 | £1,075,361 |
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 | 33.774 % | £226,284 | £896,284 |
| 3 Month Average | 51.130 % | £342,571 | £1,012,571 |
| 6 Month Average | 49.547 % | £331,961 | £1,001,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £1,240,866 | £1,225,000 | 84 SHINFIELD ROAD |
| 15 Jun 2022 | £436,164 | £430,000 | 15 BENSON CLOSE |
| 4 Mar 2022 | £448,702 | £433,000 | 1 CRESSINGHAM ROAD |
| 24 Feb 2022 | £770,790 | £735,000 | 2 MILLINGTON CLOSE |
| 31 Jan 2022 | £578,824 | £550,000 | 87 NORTHCOURT AVENUE |
This house has a floor area of 231 sq meters or 2,486 sq feet when measured on 29 Aug 2013. Using an estimated price of £1,075,362 means this house is valued at £4,655 per sq meter (£432 per sq foot).
The average size of a house on SHINFIELD ROAD is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Northcourt Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northcourt Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northcourt Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Benson Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Benson Close |