£5,314,619
This estimated value is based upon the latest sale price for the house of £885,000 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for READING 1
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525 Oxford Road, Reading, Berkshire, RG30 1HJ
Phone: 01184439309
| Price Paid | Date |
|---|---|
| £885,000 | 23 Nov 2023 |
| £580,000 | 16 Dec 2011 |
| £425,000 | 17 Oct 2003 |
| Detached |
| Freehold |
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 2023 the House Price Index for READING was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £885,000 results in an estimated price of approximately £5,314,619.
| 23 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £885,000 | £4,429,619 | £5,314,619 |
The Postcode Pricing Model uses changes in average sales price within the RG4 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 | -30.628 % | £-271,060 | £613,939 |
| 3 Month Average | -23.148 % | £-204,855 | £680,144 |
| 6 Month Average | -7.816 % | £-69,168 | £815,831 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Hewett Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Peter'S Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near St Peter'S Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grass Hill |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodcote Way |