£288,025
This estimated value is based upon the latest sale price for the house of £165,000 on 20 Nov 2009. 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 |
|---|---|
| £165,000 | 20 Nov 2009 |
| £137,000 | 5 Sep 2002 |
| £110,000 | 10 Aug 2001 |
| £62,500 | 21 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 November 2009 the House Price Index for READING was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £165,000 results in an estimated price of approximately £288,025.
| 20 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £165,000 | £123,025 | £288,025 |
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 | 46.117 % | £76,092 | £241,092 |
| 3 Month Average | 57.117 % | £94,242 | £259,242 |
| 6 Month Average | 70.053 % | £115,587 | £280,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £337,497 | £332,500 | 4 HILL STREET |
| 21 Aug 2023 | £322,824 | £320,000 | 58 HILL STREET |
| 28 Apr 2023 | £256,765 | £254,000 | 70 SHERMAN ROAD |
| 30 Mar 2023 | £317,996 | £315,000 | 82 SHERMAN ROAD |
| 14 Mar 2023 | £290,739 | £288,000 | 23 HILL STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 8 Feb 2019. Using an estimated price of £288,026 means this house is valued at £5,053 per sq meter (£469 per sq foot).
The average size of a house on HILL STREET is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Francis Street |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Francis Street |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chesterman Street |
| Dec 2023 | Other theft | Under investigation | On or near Chesterman Street |