£343,137
This estimated value is based upon the latest sale price for the house of £265,000 on 15 Feb 2017. This value is then adjusted by the current Official House Price Index for READING 1
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89 London Street, Reading, RG1 4QA
Phone: 01184439356
| Price Paid | Date |
|---|---|
| £265,000 | 15 Feb 2017 |
| £167,000 | 27 Jan 2012 |
| £149,000 | 3 Jun 2004 |
| £149,000 | 3 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 649 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 February 2017 the House Price Index for READING was 114.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.486%.Applying this 29.486% change to the original purchase price of £265,000 results in an estimated price of approximately £343,137.
| 15 Feb 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.0 | 29.486 % | £265,000 | £78,137 | £343,137 |
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 | -3.690 % | £-9,777 | £255,222 |
| 3 Month Average | -15.276 % | £-40,480 | £224,519 |
| 6 Month Average | 1.006 % | £2,665 | £267,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £361,643 | £357,000 | 48 FRANCIS STREET |
| 3 Nov 2023 | £336,824 | £332,500 | 4 HILL STREET |
| 21 Aug 2023 | £321,958 | £320,000 | 58 HILL STREET |
| 28 Apr 2023 | £255,902 | £254,000 | 70 SHERMAN ROAD |
| 30 Mar 2023 | £316,712 | £315,000 | 82 SHERMAN ROAD |
This house has a floor area of 60 sq meters or 649 sq feet when measured on 6 Jun 2011. Using an estimated price of £343,138 means this house is valued at £5,690 per sq meter (£528 per sq foot).
The average size of a house on HILL STREET is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Francis Street |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chesterman Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Alpine Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alpine Street |
| Jan 2024 | Anti-social behaviour | On or near Alpine Street |