£224,292
This estimated value is based upon the latest sale price for the house of £218,000 on 18 Jul 2023. 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 |
|---|---|
| £218,000 | 18 Jul 2023 |
| £191,500 | 29 Apr 2022 |
| £46,000 | 1 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 July 2023 the House Price Index for READING was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £218,000 results in an estimated price of approximately £224,292.
| 18 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £218,000 | £6,292 | £224,292 |
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 | 75.061 % | £163,632 | £381,632 |
| 3 Month Average | 3.971 % | £8,657 | £226,657 |
| 6 Month Average | 8.965 % | £19,543 | £237,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2021 | £244,276 | £226,000 | 11 SIMMONDS STREET |
| 18 Dec 2020 | £277,490 | £240,000 | 4 FOBNEY STREET |
| 17 Dec 2020 | £271,709 | £235,000 | 43 MALTINGS PLACE |
| 9 Oct 2020 | £268,852 | £227,500 | 32 SWAN PLACE |
| 4 Nov 2019 | £273,051 | £221,000 | 5 MALTINGS PLACE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 22 Nov 2021.
The average size of a house on SWAN PLACE is 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Swan Place |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swan Place |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Swan Place |
| May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Swan Place |
| Jul 2024 | Public order | Under investigation | On or near Fobney Street |