£210,233
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Apr 2020. 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 |
---|---|
£170,000 | 23 Apr 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 April 2020 the House Price Index for READING was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £170,000 results in an estimated price of approximately £210,233.
23 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £170,000 | £40,233 | £210,233 |
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 | 103.373 % | £175,733 | £345,733 |
3 Month Average | 28.467 % | £48,393 | £218,393 |
6 Month Average | 11.335 % | £19,268 | £189,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £615,344 | £610,000 | 144 CASTLE HILL |
24 Nov 2023 | £169,297 | £165,000 | FLAT 4 26 COLEY PLACE |
29 Sep 2023 | £150,314 | £147,000 | FLAT 3 130 CASTLE HILL |
24 Aug 2023 | £442,990 | £435,000 | 19 CAREY STREET |
22 Aug 2023 | £185,852 | £182,500 | FLAT 2 40 CAREY STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 29 Jul 2019. Using an estimated price of £210,233 means this house is valued at £4,122 per sq meter (£382 per sq foot).
The average size of a house on CASTLE HILL is 62 sq meters (669 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Carey Street |
May 2024 | Anti-social behaviour | On or near Carey Street | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carey Street |
May 2024 | Possession of weapons | Awaiting court outcome | On or near Carey Street |
May 2024 | Anti-social behaviour | On or near Carey Street |