£1,252,612
This estimated value is based upon the latest sale price for the house of £1,225,000 on 14 Sep 2023. 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 |
|---|---|
| £1,225,000 | 14 Sep 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 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 £1,225,000 results in an estimated price of approximately £1,252,612.
| 14 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £1,225,000 | £27,612 | £1,252,612 |
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 | 80.383 % | £984,686 | £2,209,686 |
| 3 Month Average | 3.814 % | £46,721 | £1,271,721 |
| 6 Month Average | 3.197 % | £39,165 | £1,264,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £975,000 | £975,000 | 70 SHINFIELD ROAD |
| 14 Sep 2023 | £1,252,613 | £1,225,000 | 84 SHINFIELD ROAD |
| 15 Jun 2022 | £439,392 | £430,000 | 15 BENSON CLOSE |
| 4 Mar 2022 | £452,023 | £433,000 | 1 CRESSINGHAM ROAD |
| 24 Feb 2022 | £776,496 | £735,000 | 2 MILLINGTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stansfield Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Northcourt Avenue |
| Jun 2024 | Other crime | Under investigation | On or near Northcourt Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Northcourt Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Benson Close |