£148,227
This estimated value is based upon the latest sale price for the house of £112,500 on 2 Nov 2016. This value is then adjusted by the current Official House Price Index for READING 1
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89 London Street, Reading, RG1 4QA
Phone: 01184439356
Price Paid | Date |
---|---|
£112,500 | 2 Nov 2016 |
Flats/Maisonettes |
Leasehold |
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 November 2016 the House Price Index for READING was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £112,500 results in an estimated price of approximately £148,227.
2 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £112,500 | £35,727 | £148,227 |
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 | 20.408 % | £22,958 | £135,458 |
3 Month Average | -5.636 % | £-6,340 | £106,159 |
6 Month Average | 1.633 % | £1,836 | £114,336 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £164,434 | £162,000 | FLAT 10 20 SOUTH STREET |
3 Nov 2023 | £172,555 | £170,000 | FLAT 12 20 SOUTH STREET |
26 Apr 2023 | £187,014 | £185,000 | FLAT 7 15 EAST STREET |
6 Feb 2023 | £347,766 | £348,000 | 10 COMPASS HOUSE SOUTH STREET |
3 Aug 2022 | £269,275 | £270,000 | FLAT 3 EAST VIEW PLACE EAST STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bourne-Stevens Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bourne-Stevens Close |
Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Bourne-Stevens Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bourne-Stevens Close |
Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Bourne-Stevens Close |