£357,457
This estimated value is based upon the latest sale price for the house of £210,000 on 31 Jul 2012. This value is then adjusted by the current Official House Price Index for READING 1
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
| Price Paid | Date |
|---|---|
| £210,000 | 31 Jul 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 946 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 July 2012 the House Price Index for READING was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £210,000 results in an estimated price of approximately £357,457.
| 31 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £210,000 | £147,457 | £357,457 |
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 | 33.279 % | £69,886 | £279,886 |
| 3 Month Average | 44.401 % | £93,242 | £303,242 |
| 6 Month Average | 62.889 % | £132,066 | £342,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £288,640 | £290,000 | 18 WATERSIDE GARDENS |
| 9 Sep 2022 | £352,156 | £355,000 | 56 NEW BRIGHT STREET |
| 22 Dec 2021 | £235,703 | £220,000 | 26 NEW BRIGHT STREET |
| 30 Sep 2021 | £231,682 | £215,000 | 80 NEW BRIGHT STREET |
| 30 Jul 2021 | £244,219 | £212,500 | 10 NEW BRIGHT STREET |
This house has a floor area of 87 sq meters or 946 sq feet when measured on 9 Mar 2012. Using an estimated price of £357,458 means this house is valued at £4,067 per sq meter (£377 per sq foot).
The average size of a house on NEW BRIGHT STREET is 56 sq meters (604 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near New Bright Street | |
| Feb 2024 | Anti-social behaviour | On or near New Bright Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near New Bright Street |
| Jan 2024 | Anti-social behaviour | On or near New Bright Street | |
| Jan 2024 | Anti-social behaviour | On or near New Bright Street |