£239,098
This estimated value is based upon the latest sale price for the house of £104,000 on 19 Sep 2003. This value is then adjusted by the current Official House Price Index for READING 1
Get our free house price tracker.
50 London Street, Reading, RG1 4SQ
Phone: 01189380159
| Price Paid | Date |
|---|---|
| £104,000 | 19 Sep 2003 |
| £34,000 | 31 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2003 the House Price Index for READING was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £104,000 results in an estimated price of approximately £239,098.
| 19 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £104,000 | £135,098 | £239,098 |
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 | 190.506 % | £198,126 | £302,126 |
| 3 Month Average | 114.437 % | £119,014 | £223,014 |
| 6 Month Average | 91.086 % | £94,729 | £198,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £365,617 | £360,000 | 50 SHERMAN ROAD |
| 20 Dec 2023 | £2,347,122 | £2,275,000 | 1 HAMBLE COURT |
| 29 Mar 2023 | £294,925 | £290,000 | FLAT 5 92 PELL STREET |
| 10 Mar 2023 | £381,369 | £375,000 | 45 HENRY STREET |
| 2 Aug 2022 | £170,799 | £170,000 | FLAT 4 THOMSONS YARD, 106 SOUTHAMPTON STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 5 Jun 2020. Using an estimated price of £239,098 means this house is valued at £5,434 per sq meter (£504 per sq foot).
The average size of a house on SOUTHAMPTON STREET is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Henry Street |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Henry Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Jul 2024 | Burglary | Under investigation | On or near St Giles Close |