£848,914
This estimated value is based upon the latest sale price for the house of £500,000 on 19 Oct 2012. 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 |
|---|---|
| £500,000 | 19 Oct 2012 |
| 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 October 2012 the House Price Index for READING was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £500,000 results in an estimated price of approximately £848,914.
| 19 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £500,000 | £348,914 | £848,914 |
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 | 5.993 % | £29,963 | £529,963 |
| 3 Month Average | 17.258 % | £86,287 | £586,287 |
| 6 Month Average | 48.209 % | £241,043 | £741,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £759,714 | £750,000 | 6 OAKHAM CLOSE |
| 7 Aug 2023 | £918,031 | £910,000 | 74 OAK TREE ROAD |
| 7 Jul 2023 | £402,923 | £397,500 | 59 BROOKSBY ROAD |
| 11 Apr 2023 | £788,490 | £780,000 | 112 OAK TREE ROAD |
| 24 Feb 2023 | £364,755 | £365,000 | 22 JUNIPER WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cedars |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chepstow Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |