£411,706
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Jan 2016. This value is then adjusted by the current Official House Price Index for READING 1
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159 Friar Street, Reading, RG1 1HE
Phone: 01184439283
Price Paid | Date |
---|---|
£300,000 | 11 Jan 2016 |
£199,950 | 11 Jun 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2016 the House Price Index for READING was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £300,000 results in an estimated price of approximately £411,706.
11 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £300,000 | £111,706 | £411,706 |
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 | 2.030 % | £6,090 | £306,090 |
3 Month Average | -2.802 % | £-8,406 | £291,593 |
6 Month Average | 12.806 % | £38,418 | £338,418 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jul 2023 | £220,974 | £218,000 | 25A SWAN PLACE |
30 Jun 2023 | £230,796 | £228,000 | 15 SWAN PLACE |
20 Jul 2022 | £1,002,699 | £1,000,000 | 33 CASTLE STREET |
7 Jul 2022 | £265,715 | £265,000 | FLAT 2 3 - 5 CASTLE STREET |
7 Jul 2022 | £265,715 | £265,000 | FLAT 1 3 - 5 CASTLE STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 6 Aug 2015. Using an estimated price of £411,706 means this house is valued at £6,978 per sq meter (£648 per sq foot).
The average size of a house on MALTINGS PLACE is 50 sq meters (542 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Simmonds Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Simmonds Street |
Feb 2024 | Drugs | Local resolution | On or near Further/Higher Educational Building |
Feb 2024 | Shoplifting | Under investigation | On or near Further/Higher Educational Building |
Feb 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |