£323,604
This estimated value is based upon the latest sale price for the house of £215,000 on 5 Sep 2014. 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 |
|---|---|
| £215,000 | 5 Sep 2014 |
| £135,000 | 19 Aug 2003 |
| £50,950 | 31 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 September 2014 the House Price Index for READING was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £215,000 results in an estimated price of approximately £323,604.
| 5 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £215,000 | £108,604 | £323,604 |
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 | 35.554 % | £76,440 | £291,440 |
| 3 Month Average | 24.275 % | £52,191 | £267,191 |
| 6 Month Average | 39.186 % | £84,250 | £299,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £295,984 | £292,000 | 50 LOWER FIELD ROAD |
| 24 Jul 2023 | £359,843 | £355,000 | FLAT 3 1 CASTLE CRESCENT |
| 16 Jun 2023 | £354,292 | £350,000 | FLAT 5 1 CASTLE CRESCENT |
| 21 Mar 2023 | £319,005 | £316,000 | 9 ST SAVIOURS TERRACE |
| 9 Jan 2023 | £313,523 | £315,000 | 34 DOVER STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 11 Oct 2012. Using an estimated price of £323,605 means this house is valued at £5,219 per sq meter (£484 per sq foot).
The average size of a house on LOWER FIELD ROAD is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Lower Field Road |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Garnet Hill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dover Street |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |