£307,641
This estimated value is based upon the latest sale price for the house of £262,250 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for READING 1
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46 Erleigh Road, Reading, RG1 5NA
Phone: 01184439231
Price Paid | Date |
---|---|
£262,250 | 8 Oct 2020 |
£197,500 | 3 Oct 2012 |
£145,000 | 2 Feb 2012 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 2020 the House Price Index for READING was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £262,250 results in an estimated price of approximately £307,641.
8 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £262,250 | £45,391 | £307,641 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | 16.486 % | £43,234 | £305,484 |
3 Month Average | -4.187 % | £-10,980 | £251,269 |
6 Month Average | 5.729 % | £15,023 | £277,273 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £273,311 | £270,000 | 110 BLENHEIM GARDENS |
6 Jan 2023 | £288,640 | £290,000 | 22 FOXHILL ROAD |
5 Nov 2021 | £300,120 | £277,500 | 81 BLENHEIM GARDENS |
29 Sep 2021 | £285,562 | £265,000 | 76 FOXHILL ROAD |
23 Aug 2021 | £245,435 | £220,000 | 98 FOXHILL ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 29 Aug 2012. Using an estimated price of £307,641 means this house is valued at £5,397 per sq meter (£501 per sq foot).
The average size of a house on FOXHILL ROAD is 65 sq meters (707 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cardigan Gardens | |
Apr 2024 | Anti-social behaviour | On or near Cardigan Gardens | |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Cardigan Gardens |
Mar 2024 | Anti-social behaviour | On or near Cardigan Gardens | |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Cardigan Gardens |