£445,216
This estimated value is based upon the latest sale price for the house of £362,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for READING 1
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159 Friar Street, Reading, RG1 1HE
Phone: 01184439283
| Price Paid | Date |
|---|---|
| £362,000 | 28 Sep 2018 |
| £95,000 | 23 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 824 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 2018 the House Price Index for READING was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £362,000 results in an estimated price of approximately £445,216.
| 28 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £362,000 | £83,216 | £445,216 |
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 | -12.745 % | £-46,137 | £315,862 |
| 3 Month Average | -4.060 % | £-14,697 | £347,302 |
| 6 Month Average | -0.241 % | £-871 | £361,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £220,082 | £218,000 | 25A SWAN PLACE |
| 30 Jun 2023 | £229,864 | £228,000 | 15 SWAN PLACE |
| 18 Jun 2021 | £241,502 | £226,000 | 11 SIMMONDS STREET |
| 18 Dec 2020 | £274,339 | £240,000 | 4 FOBNEY STREET |
| 17 Dec 2020 | £268,624 | £235,000 | 43 MALTINGS PLACE |
This house has a floor area of 76 sq meters or 824 sq feet when measured on 10 Feb 2009. Using an estimated price of £445,216 means this house is valued at £5,812 per sq meter (£539 per sq foot).
The average size of a house on SIMMONDS STREET is 61 sq meters (666 sq feet).
This house is the largest in the street with a floor area of 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Simmonds Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Simmonds Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simmonds Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Maltings Place |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maltings Place |