£328,827
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Oct 2021. This value is then adjusted by the current Official House Price Index for READING 1
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89 London Street, Reading, RG1 4QA
Phone: 01184439356
Price Paid | Date |
---|---|
£295,000 | 27 Oct 2021 |
£187,000 | 12 Jun 2006 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 October 2021 the House Price Index for READING was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £295,000 results in an estimated price of approximately £328,827.
27 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £295,000 | £33,827 | £328,827 |
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 | 32.070 % | £94,607 | £389,607 |
3 Month Average | 15.256 % | £45,004 | £340,004 |
6 Month Average | 8.991 % | £26,523 | £321,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jun 2024 | £255,000 | £255,000 | 5 FRANCIS STREET |
3 May 2024 | £325,000 | £325,000 | 34 ALPINE STREET |
9 Oct 2023 | £286,507 | £280,000 | 26 ALPINE STREET |
27 Sep 2023 | £337,439 | £330,000 | 79 ALPINE STREET |
24 Aug 2023 | £366,612 | £360,000 | 60 FRANCIS STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 16 Jun 2020. Using an estimated price of £328,827 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on ALPINE STREET is 75 sq meters (815 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sailcloth Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Sailcloth Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sailcloth Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sailcloth Close |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Sailcloth Close |