£516,071
This estimated value is based upon the latest sale price for the house of £420,000 on 16 Jan 2020. This value is then adjusted by the current Official House Price Index for READING 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £420,000 | 16 Jan 2020 |
| Semi-Detached |
| Freehold |
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 January 2020 the House Price Index for READING was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £420,000 results in an estimated price of approximately £516,071.
| 16 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £420,000 | £96,071 | £516,071 |
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 | 31.828 % | £133,676 | £553,676 |
| 3 Month Average | 16.400 % | £68,880 | £488,880 |
| 6 Month Average | 6.123 % | £25,717 | £445,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £482,241 | £470,000 | 21 BROOKSBY ROAD |
| 27 Oct 2023 | £599,107 | £585,500 | 5 CAUSMANS WAY |
| 8 Sep 2023 | £639,088 | £625,000 | BROOKSBY HOUSE CHEPSTOW ROAD |
| 1 Sep 2023 | £578,758 | £566,000 | 27 BROOKSBY ROAD |
| 9 Aug 2023 | £682,306 | £670,000 | 1 SOUTHERNDENE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Chepstow Road | |
| Jul 2024 | Anti-social behaviour | On or near Chepstow Road | |
| Jul 2024 | Anti-social behaviour | On or near Chepstow Road | |
| Jul 2024 | Anti-social behaviour | On or near Chepstow Road | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Westwood Row |