£381,018
This estimated value is based upon the latest sale price for the house of £380,000 on 16 Jan 2023. This value is then adjusted by the current Official House Price Index for READING 1
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
Price Paid | Date |
---|---|
£380,000 | 16 Jan 2023 |
£300,000 | 24 Nov 2017 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 January 2023 the House Price Index for READING was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £380,000 results in an estimated price of approximately £381,018.
16 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £380,000 | £1,018 | £381,018 |
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 | 34.390 % | £130,681 | £510,681 |
3 Month Average | 3.880 % | £14,742 | £394,742 |
6 Month Average | 0.873 % | £3,317 | £383,317 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £557,119 | £540,000 | 20 DENBEIGH PLACE |
13 Oct 2023 | £491,155 | £480,000 | 51 ADDISON ROAD |
12 Oct 2023 | £844,173 | £825,000 | 1 CREMYLL ROAD |
3 Feb 2023 | £312,085 | £310,000 | 41 CARDIFF ROAD |
23 Jan 2023 | £177,976 | £177,500 | 1 CARDIFF MEWS CARDIFF ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Apr 2017. Using an estimated price of £381,018 means this house is valued at £4,141 per sq meter (£384 per sq foot).
The average size of a house on CARDIFF ROAD is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Weighbridge Row |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Weighbridge Row |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Weighbridge Row |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cardiff Road |
Jul 2024 | Anti-social behaviour | On or near Cardiff Road |