£545,877
This estimated value is based upon the latest sale price for the house of £410,000 on 24 Aug 2016. 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 |
|---|---|
| £410,000 | 24 Aug 2016 |
| £299,950 | 4 Feb 2014 |
| £243,000 | 30 Oct 2009 |
| £183,000 | 11 Mar 2009 |
| 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 August 2016 the House Price Index for READING was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £410,000 results in an estimated price of approximately £545,877.
| 24 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £410,000 | £135,877 | £545,877 |
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 | -25.964 % | £-106,451 | £303,548 |
| 3 Month Average | -28.650 % | £-117,465 | £292,534 |
| 6 Month Average | -0.300 % | £-1,229 | £408,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £675,913 | £670,000 | 1 SOUTHERNDENE CLOSE |
| 24 Feb 2023 | £549,630 | £550,000 | 259 OVERDOWN ROAD |
| 24 Feb 2023 | £364,755 | £365,000 | 22 JUNIPER WAY |
| 8 Jun 2022 | £527,454 | £520,000 | 72 BROOKSBY ROAD |
| 9 Apr 2021 | £380,533 | £337,000 | 25 JUNIPER WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chepstow Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |