£455,978
This estimated value is based upon the latest sale price for the house of £245,000 on 6 Apr 2009. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £245,000 | 6 Apr 2009 |
| £123,000 | 11 Jun 1998 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in April 2009 the House Price Index for WEST BERKSHIRE was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £245,000 results in an estimated price of approximately £455,978.
| 6 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.114 % | £245,000 | £210,978 | £455,978 |
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 | 46.459 % | £113,824 | £358,824 |
| 3 Month Average | 48.497 % | £118,818 | £363,818 |
| 6 Month Average | 74.135 % | £181,630 | £426,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £633,095 | £625,000 | BROOKSBY HOUSE CHEPSTOW ROAD |
| 4 Sep 2023 | £430,504 | £425,000 | 28 CAUSMANS WAY |
| 9 Aug 2023 | £675,913 | £670,000 | 1 SOUTHERNDENE CLOSE |
| 27 Jul 2023 | £395,321 | £390,000 | 4 SHIPTON CLOSE |
| 10 Mar 2023 | £260,454 | £258,000 | FLAT 3 FAIR OAK FIRCROFT CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chepstow Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Causmans Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shipton Close |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Marling Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Marling Close |