£234,964
This estimated value is based upon the latest sale price for the house of £229,000 on 6 Nov 2023. 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 Alma Street
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525 Oxford Road, Reading, Berkshire, RG30 1HJ
Phone: 01184439309
| Price Paid | Date |
|---|---|
| £229,000 | 6 Nov 2023 |
| £149,950 | 7 Sep 2006 |
| £126,000 | 22 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 November 2023 the House Price Index for READING was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £229,000 results in an estimated price of approximately £234,964.
| 6 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £229,000 | £5,964 | £234,964 |
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 | 8.064 % | £18,466 | £247,466 |
| 3 Month Average | 1.784 % | £4,085 | £233,085 |
| 6 Month Average | 0.528 % | £1,208 | £230,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £284,369 | £280,000 | 49 ALMA STREET |
| 6 Nov 2023 | £234,964 | £229,000 | 574 OXFORD ROAD |
| 30 Aug 2022 | £336,574 | £335,000 | 29 BEECHAM ROAD |
| 13 May 2022 | £359,362 | £350,000 | 15 ALMA STREET |
| 8 Apr 2022 | £269,730 | £260,000 | 14 BEECHAM ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 24 Jul 2020. Using an estimated price of £234,964 means this house is valued at £3,506 per sq meter (£325 per sq foot).
The average size of a house on OXFORD ROAD is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Awaiting court outcome | On or near Alma Street |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Alma Street |
| May 2024 | Burglary | Awaiting court outcome | On or near Alma Street |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Alma Street |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Alma Street |