£352,326
This estimated value is based upon the latest sale price for the house of £286,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for READING 1
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
Price Paid | Date |
---|---|
£286,000 | 31 Aug 2018 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 August 2018 the House Price Index for READING was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £286,000 results in an estimated price of approximately £352,326.
31 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.0 | 23.191 % | £286,000 | £66,326 | £352,326 |
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 | 23.725 % | £67,852 | £353,852 |
3 Month Average | -9.521 % | £-27,229 | £258,770 |
6 Month Average | -0.441 % | £-1,260 | £284,739 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2023 | £91,744 | £91,000 | 5 TALBOT COURT |
20 Mar 2023 | £95,516 | £95,000 | 24 TALBOT COURT |
27 Jan 2023 | £287,475 | £290,000 | 18 WATERSIDE GARDENS |
9 Sep 2022 | £350,734 | £355,000 | 56 NEW BRIGHT STREET |
22 Dec 2021 | £234,751 | £220,000 | 26 NEW BRIGHT STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 12 Mar 2018. Using an estimated price of £352,326 means this house is valued at £5,420 per sq meter (£503 per sq foot).
The average size of a house on NEW BRIGHT STREET is 56 sq meters (604 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near New Bright Street |
Apr 2024 | Other theft | Under investigation | On or near New Bright Street |
Feb 2024 | Anti-social behaviour | On or near New Bright Street | |
Feb 2024 | Anti-social behaviour | On or near New Bright Street | |
Feb 2024 | Anti-social behaviour | On or near New Bright Street |