£292,622
This estimated value is based upon the latest sale price for the house of £169,950 on 28 Mar 2012. This value is then adjusted by the current Official House Price Index for READING 1
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159 Friar Street, Reading, RG1 1HE
Phone: 01184439283
Price Paid | Date |
---|---|
£169,950 | 28 Mar 2012 |
£162,000 | 21 Jul 2006 |
£147,000 | 19 Nov 2004 |
£53,500 | 25 Mar 1997 |
£54,000 | 7 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 552 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 2012 the House Price Index for READING was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £169,950 results in an estimated price of approximately £292,622.
28 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £169,950 | £122,672 | £292,622 |
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 | 144.906 % | £246,267 | £416,217 |
3 Month Average | 80.891 % | £137,473 | £307,423 |
6 Month Average | 69.152 % | £117,523 | £287,473 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2022 | £1,010,121 | £1,000,000 | 33 CASTLE STREET |
7 Jul 2022 | £267,682 | £265,000 | FLAT 1 3 - 5 CASTLE STREET |
7 Jul 2022 | £267,682 | £265,000 | FLAT 2 3 - 5 CASTLE STREET |
20 May 2022 | £261,821 | £255,000 | FLAT 2 ST. MARYS GROVE CASTLE STREET |
21 Apr 2022 | £189,330 | £182,500 | 3 7 CASTLE STREET |
This house has a floor area of 51 sq meters or 552 sq feet when measured on 22 Nov 2011. Using an estimated price of £292,623 means this house is valued at £5,698 per sq meter (£529 per sq foot).
The average size of a house on MALTINGS PLACE is 50 sq meters (542 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Maltings Place |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maltings Place |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maltings Place |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Simmonds Street |
Jun 2024 | Public order | Awaiting court outcome | On or near Simmonds Street |