£250,431
This estimated value is based upon the latest sale price for the house of £44,950 on 8 Mar 1996. This value is then adjusted by the current Official House Price Index for READING 1
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89 London Street, Reading, RG1 4QA
Phone: 01184439356
Price Paid | Date |
---|---|
£44,950 | 8 Mar 1996 |
£33,750 | 21 Dec 1995 |
Terraced |
Freehold |
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 1996 the House Price Index for READING was 26.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 457.133%.Applying this 457.133% change to the original purchase price of £44,950 results in an estimated price of approximately £250,431.
8 Mar 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.3 | 146.7 | 457.133 % | £44,950 | £205,481 | £250,431 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | 267.728 % | £120,343 | £165,293 |
3 Month Average | 435.920 % | £195,946 | £240,896 |
6 Month Average | 483.291 % | £217,239 | £262,189 |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Sailcloth Close | |
Feb 2024 | Anti-social behaviour | On or near Sailcloth Close | |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sailcloth Close |
Mar 2024 | Other theft | Under investigation | On or near Elgar Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elgar Road |