£561,249
This estimated value is based upon the latest sale price for the house of £557,500 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST BERKSHIRE 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £557,500 | 24 Feb 2023 |
| £280,000 | 11 Sep 2009 |
| £156,000 | 3 Dec 1998 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST BERKSHIRE to estimate the market value.
When this house was purchased in February 2023 the House Price Index for WEST BERKSHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £557,500 results in an estimated price of approximately £561,249.
| 24 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £557,500 | £3,749 | £561,249 |
The Postcode Pricing Model uses changes in average sales price within the RG31 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 | 17.457 % | £97,324 | £654,824 |
| 3 Month Average | 7.558 % | £42,136 | £599,636 |
| 6 Month Average | -1.088 % | £-6,066 | £551,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £407,000 | £407,000 | 79 FAIRFORD ROAD |
| 10 May 2024 | £408,000 | £408,000 | 42 SKILTON ROAD |
| 1 Dec 2023 | £422,998 | £410,000 | 31 SKILTON ROAD |
| 25 Aug 2023 | £407,296 | £399,950 | 51 SKILTON ROAD |
| 21 Apr 2023 | £458,577 | £450,000 | 33 COTSWOLD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Local resolution | On or near Skilton Road |
| Aug 2024 | Anti-social behaviour | On or near Bradwell Road | |
| Aug 2024 | Anti-social behaviour | On or near Bradwell Road | |
| Aug 2024 | Anti-social behaviour | On or near Bradwell Road | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradwell Road |