£199,972
This estimated value is based upon the latest sale price for the house of £197,000 on 10 May 2022. This value is then adjusted by the current Official House Price Index for READING 1
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111 Oxford Road, Reading, RG1 7UH
Phone: 01184438883
| Price Paid | Date |
|---|---|
| £197,000 | 10 May 2022 |
| £170,000 | 15 Feb 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 461 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 May 2022 the House Price Index for READING was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £197,000 results in an estimated price of approximately £199,972.
| 10 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £197,000 | £2,972 | £199,972 |
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 | 21.019 % | £41,407 | £238,407 |
| 3 Month Average | 2.441 % | £4,809 | £201,809 |
| 6 Month Average | -0.972 % | £-1,915 | £195,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £151,000 | £151,000 | FLAT 2 9 RUSSELL STREET |
| 31 Aug 2023 | £211,285 | £210,000 | FLAT 6 RHEMA COURT FRANKLIN STREET |
| 11 Aug 2023 | £190,156 | £189,000 | FLAT 4 SEAFIELD COURT RUSSELL STREET |
| 24 Mar 2023 | £211,141 | £210,000 | FLAT 6 SEAFIELD COURT RUSSELL STREET |
| 7 Mar 2023 | £75,408 | £75,000 | 25 RUSSELL STREET |
This house has a floor area of 42 sq meters or 461 sq feet when measured on 8 Jan 2009. Using an estimated price of £199,973 means this house is valued at £4,663 per sq meter (£433 per sq foot).
The average size of a house on RUSSELL STREET is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Russell Street |
| Mar 2024 | Anti-social behaviour | On or near Russell Street | |
| Mar 2024 | Anti-social behaviour | On or near Russell Street | |
| Feb 2024 | Anti-social behaviour | On or near Russell Street | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Street |