£377,100
This estimated value is based upon the latest sale price for the house of £225,000 on 29 Aug 2008. 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 |
|---|---|
| £225,000 | 29 Aug 2008 |
| Flats/Maisonettes |
| Leasehold |
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 August 2008 the House Price Index for READING was 88.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 67.600%.Applying this 67.600% change to the original purchase price of £225,000 results in an estimated price of approximately £377,100.
| 29 Aug 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.0 | 67.600 % | £225,000 | £152,100 | £377,100 |
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 | 39.262 % | £88,339 | £313,339 |
| 3 Month Average | 34.709 % | £78,096 | £303,096 |
| 6 Month Average | 51.692 % | £116,308 | £341,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £759,754 | £750,000 | THE SUN INN, 16 CASTLE STREET |
| 9 Aug 2023 | £508,090 | £505,000 | 32 ST MARYS BUTTS |
| 30 Jun 2023 | £229,864 | £228,000 | 15 SWAN PLACE |
| 20 Jul 2022 | £998,650 | £1,000,000 | 33 CASTLE STREET |
| 7 Jul 2022 | £264,642 | £265,000 | FLAT 3 3 - 5 CASTLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Further/Higher Educational Building |
| Apr 2024 | Other crime | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |