£295,380
This estimated value is based upon the latest sale price for the house of £165,000 on 10 Feb 2006. This value is then adjusted by the current Official House Price Index for READING 1
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78 Christchurch Road, Reading, RG2 7AZ
Phone: 01184430058
| Price Paid | Date |
|---|---|
| £165,000 | 10 Feb 2006 |
| £145,000 | 6 Feb 2004 |
| Terraced |
| 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 February 2006 the House Price Index for READING was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £165,000 results in an estimated price of approximately £295,380.
| 10 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £165,000 | £130,380 | £295,380 |
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 | 136.774 % | £225,677 | £390,677 |
| 3 Month Average | 96.361 % | £158,995 | £323,995 |
| 6 Month Average | 101.545 % | £167,549 | £332,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £406,242 | £400,000 | 11 NEWCASTLE ROAD |
| 15 Mar 2024 | £340,227 | £335,000 | 31 HEXHAM ROAD |
| 15 Nov 2023 | £184,688 | £180,000 | FLAT 5 14 NEWCASTLE ROAD |
| 9 Nov 2023 | £374,506 | £365,000 | 9 CORBRIDGE ROAD |
| 1 Sep 2023 | £347,664 | £340,000 | 36 MORPETH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Morpeth Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Morpeth Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morpeth Close |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Morpeth Close |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Morpeth Close |