£1,291,275
This estimated value is based upon the latest sale price for the house of £1,300,000 on 4 Aug 2022. 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 |
---|---|
£1,300,000 | 4 Aug 2022 |
£985,000 | 28 Feb 2017 |
Detached |
Leasehold |
Floor Area: 254 sq meters or 2,734 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 2022 the House Price Index for READING was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £1,300,000 results in an estimated price of approximately £1,291,275.
4 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.0 | -0.671 % | £1,300,000 | £-8,724 | £1,291,275 |
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 | -27.894 % | £-362,616 | £937,383 |
3 Month Average | -16.785 % | £-218,205 | £1,081,794 |
6 Month Average | -4.094 % | £-53,223 | £1,246,776 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £557,153 | £550,000 | 8 AVEBURY SQUARE |
19 Jul 2023 | £212,005 | £210,000 | 29 MALVERN COURT ADDINGTON ROAD |
7 Jul 2023 | £205,696 | £203,750 | 12 MALVERN COURT ADDINGTON ROAD |
23 Sep 2022 | £326,035 | £330,000 | 4 CADUGAN PLACE |
4 Aug 2022 | £1,291,275 | £1,300,000 | 2 WELLSWOOD GARDENS |
This house has a floor area of 254 sq meters or 2,734 sq feet when measured on 16 Jan 2017. Using an estimated price of £1,291,275 means this house is valued at £5,083 per sq meter (£472 per sq foot).
The average size of a house on WELLSWOOD GARDENS is 183 sq meters (1,972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Avebury Square |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Avebury Square |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Avebury Square |
Apr 2024 | Anti-social behaviour | On or near Cadugan Place | |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Cadugan Place |