£424,240
This estimated value is based upon the latest sale price for the house of £290,000 on 19 Jun 2015. 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 |
|---|---|
| £290,000 | 19 Jun 2015 |
| Terraced |
| 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 June 2015 the House Price Index for WEST BERKSHIRE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £290,000 results in an estimated price of approximately £424,240.
| 19 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £290,000 | £134,240 | £424,240 |
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 | 37.075 % | £107,518 | £397,518 |
| 3 Month Average | 18.601 % | £53,942 | £343,942 |
| 6 Month Average | 19.496 % | £56,537 | £346,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £521,852 | £510,000 | 17 OREGON AVENUE |
| 28 Feb 2023 | £302,017 | £300,000 | 3 FULLBROOK CRESCENT |
| 31 Jan 2023 | £386,031 | £385,000 | 3 REDWOOD WAY |
| 18 Jan 2023 | £354,948 | £354,000 | 14 GWYNNE CLOSE |
| 5 Sep 2022 | £407,728 | £408,000 | 17 FULLBROOK CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fullbrook Crescent |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oregon Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barbrook Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Nevis Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Powley Place |