£304,736
This estimated value is based upon the latest sale price for the house of £179,950 on 14 Jan 2011. 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 |
|---|---|
| £179,950 | 14 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 815 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 January 2011 the House Price Index for READING was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.345%.Applying this 69.345% change to the original purchase price of £179,950 results in an estimated price of approximately £304,736.
| 14 Jan 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.345 % | £179,950 | £124,786 | £304,736 |
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 | 10.582 % | £19,041 | £198,991 |
| 3 Month Average | 57.708 % | £103,844 | £283,794 |
| 6 Month Average | 62.055 % | £111,667 | £291,617 |
This house has a floor area of 75 sq meters or 815 sq feet when measured on 28 Oct 2010.
The average size of a house on MORPETH CLOSE is 113 sq meters (1,223 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Morpeth Close | |
| Feb 2024 | Anti-social behaviour | On or near Morpeth Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Morpeth Close |
| Jan 2024 | Anti-social behaviour | On or near Morpeth Close | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Morpeth Close |