£297,637
This estimated value is based upon the latest sale price for the house of £171,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Drake Way
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21 Whitley Street, Reading, RG2 0EG
Phone: 01184430111
Price Paid | Date |
---|---|
£171,000 | 30 Sep 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 sq feet |
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 2011 the House Price Index for READING was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £171,000 results in an estimated price of approximately £297,637.
30 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.057 % | £171,000 | £126,637 | £297,637 |
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 | 23.969 % | £40,987 | £211,987 |
3 Month Average | 89.281 % | £152,670 | £323,670 |
6 Month Average | 93.408 % | £159,728 | £330,728 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £219,846 | £215,000 | FLAT 2 11 LINDISFARNE WAY |
31 Mar 2023 | £254,246 | £250,000 | FLAT 10 LUNDY HOUSE DRAKE WAY |
1 Feb 2023 | £246,648 | £245,000 | FLAT 2 16 WHALE AVENUE |
20 Jan 2023 | £348,431 | £347,500 | 5 LINDISFARNE WAY |
28 Oct 2022 | £179,401 | £180,000 | FLAT 18 LUNDY HOUSE DRAKE WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 17 Feb 2021. Using an estimated price of £297,637 means this house is valued at £5,314 per sq meter (£493 per sq foot).
The average size of a house on DRAKE WAY is 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Drake Way |
Jun 2024 | Anti-social behaviour | On or near Drake Way | |
Jun 2024 | Anti-social behaviour | On or near Drake Way | |
May 2024 | Robbery | Investigation complete; no suspect identified | On or near Drake Way |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Drake Way |