£282,991
This estimated value is based upon the latest sale price for the house of £230,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Prospect Mews
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152 Oxford Road, Reading, RG1 7PJ
Phone: 01184438927
| Price Paid | Date |
|---|---|
| £230,000 | 22 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 March 2019 the House Price Index for READING was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £230,000 results in an estimated price of approximately £282,991.
| 22 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £230,000 | £52,991 | £282,991 |
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 | -19.452 % | £-44,738 | £185,261 |
| 3 Month Average | -18.877 % | £-43,417 | £186,582 |
| 6 Month Average | -4.980 % | £-11,453 | £218,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £197,536 | £195,000 | 3 PROSPECT COTTAGES PROSPECT MEWS |
| 14 Jul 2023 | £378,581 | £375,000 | 181A OXFORD ROAD |
| 30 Jun 2023 | £352,861 | £350,000 | 185A OXFORD ROAD |
| 3 Feb 2023 | £161,735 | £162,500 | 5 PROSPECT MEWS PROSPECT STREET |
| 30 Aug 2022 | £206,604 | £208,000 | FLAT 2 ALLISON COURT, 136 OXFORD ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 14 Dec 2018. Using an estimated price of £282,992 means this house is valued at £6,581 per sq meter (£611 per sq foot).
The average size of a house on PROSPECT MEWS is 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Prospect Mews |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prospect Mews |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Prospect Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prospect Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prospect Mews |