£321,957
This estimated value is based upon the latest sale price for the house of £320,000 on 30 Aug 2023. 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 |
---|---|
£320,000 | 30 Aug 2023 |
£199,000 | 9 Jul 2007 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 833 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 August 2023 the House Price Index for READING was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £320,000 results in an estimated price of approximately £321,957.
30 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.1 | 148.0 | 0.612 % | £320,000 | £1,957 | £321,957 |
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 | 1.321 % | £4,226 | £324,226 |
3 Month Average | -13.126 % | £-42,003 | £277,996 |
6 Month Average | 4.051 % | £12,961 | £332,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £321,958 | £320,000 | 15 FRANCIS STREET |
24 Aug 2023 | £362,203 | £360,000 | 60 FRANCIS STREET |
8 Jul 2022 | £389,474 | £390,000 | 13 FRANCIS STREET |
17 Jun 2022 | £388,942 | £385,000 | 52 FRANCIS STREET |
5 May 2022 | £262,908 | £259,000 | 6 PELL STREET |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 3 Aug 2009. Using an estimated price of £321,958 means this house is valued at £4,159 per sq meter (£386 per sq foot).
The average size of a house on FRANCIS STREET is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Francis Street |
Apr 2024 | Public order | Under investigation | On or near Sailcloth Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sailcloth Close |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Sailcloth Close |
Feb 2024 | Anti-social behaviour | On or near Sailcloth Close |