£392,198
This estimated value is based upon the latest sale price for the house of £231,000 on 2 Oct 2012. This value is then adjusted by the current Official House Price Index for READING 1
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46 Erleigh Road, Reading, RG1 5NA
Phone: 01184439231
Price Paid | Date |
---|---|
£231,000 | 2 Oct 2012 |
£231,000 | 2 Oct 2012 |
£135,000 | 24 Feb 2006 |
£90,000 | 11 Nov 2005 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 782 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 October 2012 the House Price Index for READING was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £231,000 results in an estimated price of approximately £392,198.
2 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £231,000 | £161,198 | £392,198 |
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 | 39.637 % | £91,560 | £322,560 |
3 Month Average | 40.853 % | £94,371 | £325,371 |
6 Month Average | 55.222 % | £127,563 | £358,563 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £306,360 | £301,000 | 9 FOXHILL ROAD |
23 Nov 2023 | £289,283 | £285,000 | 23 FOXHILL ROAD |
18 Jul 2023 | £282,806 | £279,000 | 52 CARDIGAN ROAD |
9 Jun 2023 | £304,691 | £301,000 | 37 CARDIGAN ROAD |
27 Mar 2023 | £277,615 | £275,000 | 48 CARDIGAN ROAD |
This house has a floor area of 72 sq meters or 782 sq feet when measured on 13 Mar 2012. Using an estimated price of £392,198 means this house is valued at £5,398 per sq meter (£501 per sq foot).
The average size of a house on CARDIGAN ROAD is 69 sq meters (749 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Foxhill Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Foxhill Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Foxhill Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxhill Road |
Dec 2023 | Anti-social behaviour | On or near Cardigan Road |