£345,394
This estimated value is based upon the latest sale price for the house of £220,000 on 4 Jul 2007. This value is then adjusted by the current Official House Price Index for READING 1
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50 London Street, Reading, RG1 4SQ
Phone: 01189380159
Price Paid | Date |
---|---|
£220,000 | 4 Jul 2007 |
£174,500 | 12 Dec 2005 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 July 2007 the House Price Index for READING was 94.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.998%.Applying this 56.998% change to the original purchase price of £220,000 results in an estimated price of approximately £345,394.
4 Jul 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.0 | 56.998 % | £220,000 | £125,394 | £345,394 |
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 | 32.962 % | £72,515 | £292,515 |
3 Month Average | 30.771 % | £67,696 | £287,696 |
6 Month Average | 48.667 % | £107,067 | £327,067 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £2,318,871 | £2,275,000 | 1 HAMBLE COURT |
28 Jul 2023 | £784,925 | £777,500 | 26 - 28 SOUTHAMPTON STREET |
14 Jul 2023 | £361,419 | £358,000 | 82 PELL STREET |
10 Mar 2023 | £377,038 | £375,000 | 45 HENRY STREET |
8 Sep 2022 | £419,893 | £425,000 | 67 PELL STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Jul 2021. Using an estimated price of £345,395 means this house is valued at £4,212 per sq meter (£391 per sq foot).
The average size of a house on HENRY STREET is 75 sq meters (815 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Henry Street |
Mar 2024 | Drugs | Under investigation | On or near Henry Street |
Mar 2024 | Public order | Under investigation | On or near Henry Street |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Parthia Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parthia Close |