£350,352
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for READING 1
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46 Erleigh Road, Reading, RG1 5NA
Phone: 01184439231
| Price Paid | Date |
|---|---|
| £280,000 | 15 Sep 2017 |
| £204,950 | 7 Jan 2014 |
| £143,000 | 25 Mar 2011 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2017 the House Price Index for READING was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £280,000 results in an estimated price of approximately £350,352.
| 15 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £280,000 | £70,352 | £350,352 |
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 | -6.859 % | £-19,206 | £260,793 |
| 3 Month Average | -10.869 % | £-30,432 | £249,567 |
| 6 Month Average | -2.385 % | £-6,678 | £273,321 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 May 2017.
The average size of a house on CARDIGAN ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Cardigan Road | |
| Dec 2023 | Anti-social behaviour | On or near Cardigan Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cardigan Road |
| Dec 2023 | Anti-social behaviour | On or near Cardigan Road | |
| Dec 2023 | Anti-social behaviour | On or near Cardigan Road |