£295,776
This estimated value is based upon the latest sale price for the house of £60,000 on 5 Sep 1997. 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 |
|---|---|
| £60,000 | 5 Sep 1997 |
| Semi-Detached |
| Freehold |
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 September 1997 the House Price Index for READING was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £60,000 results in an estimated price of approximately £295,776.
| 5 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £60,000 | £235,776 | £295,776 |
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 | 225.621 % | £135,372 | £195,372 |
| 3 Month Average | 391.982 % | £235,189 | £295,189 |
| 6 Month Average | 418.801 % | £251,280 | £311,280 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hexham Road | |
| Feb 2024 | Anti-social behaviour | On or near Hexham Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hexham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bamburgh Close |
| Feb 2024 | Anti-social behaviour | On or near Bamburgh Close |