£405,235
This estimated value is based upon the latest sale price for the house of £87,500 on 28 Oct 1998. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £87,500 | 28 Oct 1998 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in October 1998 the House Price Index for WEST BERKSHIRE was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £87,500 results in an estimated price of approximately £405,235.
| 28 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £87,500 | £317,735 | £405,235 |
The Postcode Pricing Model uses changes in average sales price within the RG31 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 | 197.004 % | £172,378 | £259,878 |
| 3 Month Average | 181.778 % | £159,055 | £246,555 |
| 6 Month Average | 273.292 % | £239,130 | £326,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £246,310 | £242,000 | 41 LAMORNA CRESCENT |
| 3 Nov 2023 | £414,131 | £408,000 | 18 LAMORNA CRESCENT |
| 5 Jun 2023 | £359,353 | £355,000 | 4 ELDER CLOSE |
| 3 Mar 2023 | £514,851 | £510,000 | 28 PRINCE WILLIAM DRIVE |
| 24 Feb 2023 | £409,724 | £410,000 | 6 ELDER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Lamorna Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Prince William Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Thistledown |