£340,079
This estimated value is based upon the latest sale price for the house of £89,950 on 9 Jun 2000. This value is then adjusted by the current Official House Price Index for READING 1
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50 London Street, Reading, RG1 4SQ
Phone: 01189380159
Price Paid | Date |
---|---|
£89,950 | 9 Jun 2000 |
Terraced |
Freehold |
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 June 2000 the House Price Index for READING was 39.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 278.076%.Applying this 278.076% change to the original purchase price of £89,950 results in an estimated price of approximately £340,079.
9 Jun 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.6 | 149.7 | 278.076 % | £89,950 | £250,129 | £340,079 |
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 | 252.386 % | £227,020 | £316,970 |
3 Month Average | 175.891 % | £158,213 | £248,163 |
6 Month Average | 180.757 % | £162,590 | £252,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jun 2024 | £255,000 | £255,000 | 5 FRANCIS STREET |
30 Aug 2023 | £325,878 | £320,000 | 15 FRANCIS STREET |
24 Aug 2023 | £366,612 | £360,000 | 60 FRANCIS STREET |
24 Feb 2023 | £352,354 | £350,000 | 19 ELGAR ROAD |
8 Jul 2022 | £393,947 | £390,000 | 13 FRANCIS STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Jan 2013. Using an estimated price of £340,079 means this house is valued at £6,072 per sq meter (£564 per sq foot).
The average size of a house on PELL STREET is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Francis Street |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Pell Street |
Jul 2024 | Anti-social behaviour | On or near Pell Street | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pell Street |
Apr 2024 | Anti-social behaviour | On or near Pell Street |