£309,957
This estimated value is based upon the latest sale price for the house of £179,000 on 6 Jan 2012. This value is then adjusted by the current Official House Price Index for READING 1
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
| Price Paid | Date |
|---|---|
| £179,000 | 6 Jan 2012 |
| £54,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 773 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 January 2012 the House Price Index for READING was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £179,000 results in an estimated price of approximately £309,957.
| 6 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £179,000 | £130,957 | £309,957 |
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 | 128.755 % | £230,472 | £409,472 |
| 3 Month Average | 74.068 % | £132,582 | £311,582 |
| 6 Month Average | 65.900 % | £117,961 | £296,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £171,489 | £170,000 | 34 PENNYROYAL COURT |
| 2 Apr 2024 | £232,015 | £230,000 | 69 WOLSELEY STREET |
| 31 Aug 2023 | £585,561 | £575,000 | 106 WOLSELEY STREET |
| 18 Aug 2023 | £290,235 | £285,000 | 49 WOLSELEY STREET |
| 25 Oct 2022 | £164,451 | £165,000 | 31 PENNYROYAL COURT |
This house has a floor area of 71 sq meters or 773 sq feet when measured on 4 Feb 2011. Using an estimated price of £309,957 means this house is valued at £4,312 per sq meter (£400 per sq foot).
The average size of a house on WOLSELEY STREET is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Garnet Street | |
| Apr 2024 | Anti-social behaviour | On or near Garnet Street | |
| Apr 2024 | Anti-social behaviour | On or near Garnet Street | |
| Apr 2024 | Anti-social behaviour | On or near Garnet Street | |
| Jul 2024 | Anti-social behaviour | On or near Pennyroyal Court |