£592,953
This estimated value is based upon the latest sale price for the house of £332,500 on 2 Sep 2009. This value is then adjusted by the current Official House Price Index for READING 1
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78 Christchurch Road, Reading, RG2 7AZ
Phone: 01184430058
| Price Paid | Date |
|---|---|
| £332,500 | 2 Sep 2009 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,082 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 September 2009 the House Price Index for READING was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £332,500 results in an estimated price of approximately £592,953.
| 2 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £332,500 | £260,453 | £592,953 |
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 | 54.323 % | £180,624 | £513,124 |
| 3 Month Average | 57.489 % | £191,149 | £523,649 |
| 6 Month Average | 69.767 % | £231,976 | £564,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £122,137 | £120,000 | FLAT 6 MARLBOROUGH HOUSE NORTHCOURT AVENUE |
| 15 Nov 2023 | £812,022 | £800,000 | 3 MARLBOROUGH AVENUE |
| 21 Sep 2023 | £582,447 | £575,000 | 7 MARLBOROUGH AVENUE |
| 18 Aug 2023 | £680,957 | £675,000 | FLAT 68 CHRISTCHURCH ROAD |
| 28 Jul 2023 | £501,753 | £495,000 | 5 WHITLEY PARK LANE |
This house has a floor area of 100 sq meters or 1,082 sq feet when measured on 21 Apr 2009. Using an estimated price of £592,954 means this house is valued at £5,895 per sq meter (£547 per sq foot).
The average size of a house on REDLANDS ROAD is 125 sq meters (1,347 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Marlborough Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southern Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southern Hill |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Southern Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southern Hill |