£173,034
This estimated value is based upon the latest sale price for the house of £165,000 on 21 Feb 2022. This value is then adjusted by the current Official House Price Index for READING 1
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111 Oxford Road, Reading, RG1 7UH
Phone: 01184438883
| Price Paid | Date |
|---|---|
| £165,000 | 21 Feb 2022 |
| £160,000 | 27 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 February 2022 the House Price Index for READING was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £165,000 results in an estimated price of approximately £173,034.
| 21 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £165,000 | £8,034 | £173,034 |
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 | -26.137 % | £-43,125 | £121,874 |
| 3 Month Average | -15.844 % | £-26,142 | £138,857 |
| 6 Month Average | -1.611 % | £-2,658 | £162,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £359,843 | £355,000 | FLAT 3 1 CASTLE CRESCENT |
| 16 Jun 2023 | £354,292 | £350,000 | FLAT 5 1 CASTLE CRESCENT |
| 6 Jan 2023 | £338,406 | £340,000 | 34 FIELD ROAD |
| 5 Jan 2023 | £373,242 | £375,000 | 36 FIELD ROAD |
| 1 Nov 2022 | £175,376 | £177,500 | FLAT B 3 COLEY HILL |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 22 Apr 2015. Using an estimated price of £173,035 means this house is valued at £4,553 per sq meter (£423 per sq foot).
The average size of a house on FIELD ROAD is 86 sq meters (935 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Field Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Coley Hill |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Coley Hill |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Garnet Hill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coley Place |