£377,671
This estimated value is based upon the latest sale price for the house of £220,000 on 19 Dec 2011. 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 |
|---|---|
| £220,000 | 19 Dec 2011 |
| £145,000 | 22 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 December 2011 the House Price Index for READING was 86.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.669%.Applying this 71.669% change to the original purchase price of £220,000 results in an estimated price of approximately £377,671.
| 19 Dec 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.0 | 71.669 % | £220,000 | £157,671 | £377,671 |
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 | 48.926 % | £107,636 | £327,636 |
| 3 Month Average | 41.642 % | £91,612 | £311,612 |
| 6 Month Average | 60.387 % | £132,851 | £352,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £361,220 | £360,000 | 50 SHERMAN ROAD |
| 30 Nov 2023 | £361,643 | £357,000 | 48 FRANCIS STREET |
| 3 Nov 2023 | £336,824 | £332,500 | 4 HILL STREET |
| 21 Aug 2023 | £321,958 | £320,000 | 58 HILL STREET |
| 14 Jul 2023 | £361,419 | £358,000 | 82 PELL STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 17 Oct 2019. Using an estimated price of £377,672 means this house is valued at £7,125 per sq meter (£662 per sq foot).
The average size of a house on HILL STREET is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Francis Street |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sherman Road |
| Jan 2024 | Anti-social behaviour | On or near Sherman Road | |
| Jan 2024 | Anti-social behaviour | On or near Sherman Road | |
| Jan 2024 | Anti-social behaviour | On or near Sherman Road |