£243,972
This estimated value is based upon the latest sale price for the house of £113,500 on 5 Dec 2003. 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 |
---|---|
£113,500 | 5 Dec 2003 |
£98,950 | 19 Jun 2002 |
£75,000 | 30 Mar 2001 |
£49,000 | 30 Jun 1998 |
£39,000 | 9 May 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 December 2003 the House Price Index for READING was 68.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 114.953%.Applying this 114.953% change to the original purchase price of £113,500 results in an estimated price of approximately £243,972.
5 Dec 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 146.7 | 114.953 % | £113,500 | £130,472 | £243,972 |
The Postcode Pricing Model uses changes in average sales price within the RG30 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 | 87.233 % | £99,009 | £212,509 |
3 Month Average | 112.296 % | £127,455 | £240,955 |
6 Month Average | 112.248 % | £127,402 | £240,902 |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 23 Jan 2015.
The average size of a house on GROVELAND PLACE is 41 sq meters (441 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Groveland Place |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Groveland Place |
Dec 2023 | Drugs | Unable to prosecute suspect | On or near Groveland Place |
Mar 2024 | Anti-social behaviour | On or near Constitution Road | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Constitution Road |