£319,933
This estimated value is based upon the latest sale price for the house of £59,950 on 10 Jan 1997. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Fobney Street
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159 Friar Street, Reading, RG1 1HE
Phone: 01184439283
| Price Paid | Date |
|---|---|
| £59,950 | 10 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 January 1997 the House Price Index for READING was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £59,950 results in an estimated price of approximately £319,933.
| 10 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 148.6 | 433.667 % | £59,950 | £259,983 | £319,933 |
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 | 400.248 % | £239,948 | £299,898 |
| 3 Month Average | 409.649 % | £245,584 | £305,534 |
| 6 Month Average | 449.609 % | £269,540 | £329,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £315,674 | £311,000 | 19 RIVERSIDE HOUSE FOBNEY STREET |
| 18 Jul 2023 | £220,974 | £218,000 | 25A SWAN PLACE |
| 30 Jun 2023 | £230,796 | £228,000 | 15 SWAN PLACE |
| 4 Mar 2022 | £414,505 | £400,000 | 50 RIVERSIDE HOUSE FOBNEY STREET |
| 19 Oct 2021 | £680,484 | £615,000 | 45 RIVERSIDE HOUSE FOBNEY STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Mar 2020. Using an estimated price of £319,933 means this house is valued at £5,422 per sq meter (£503 per sq foot).
The average size of a house on FOBNEY STREET is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fobney Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Simmonds Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Simmonds Street |
| Mar 2024 | Other theft | Under investigation | On or near Bridge Street |
| Mar 2024 | Burglary | Under investigation | On or near Bridge Street |