£372,104
This estimated value is based upon the latest sale price for the house of £205,000 on 24 Oct 2005. This value is then adjusted by the current Official House Price Index for READING 1
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50 London Street, Reading, RG1 4SQ
Phone: 01189380159
| Price Paid | Date |
|---|---|
| £205,000 | 24 Oct 2005 |
| £52,000 | 5 May 1995 |
| Terraced |
| Freehold |
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 October 2005 the House Price Index for READING was 81.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.515%.Applying this 81.515% change to the original purchase price of £205,000 results in an estimated price of approximately £372,104.
| 24 Oct 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.0 | 81.515 % | £205,000 | £167,104 | £372,104 |
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 | 64.465 % | £132,152 | £337,152 |
| 3 Month Average | 54.818 % | £112,377 | £317,377 |
| 6 Month Average | 66.109 % | £135,523 | £340,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £361,220 | £360,000 | 50 SHERMAN ROAD |
| 20 Dec 2023 | £2,318,871 | £2,275,000 | 1 HAMBLE COURT |
| 14 Jul 2023 | £361,419 | £358,000 | 82 PELL STREET |
| 29 Mar 2023 | £291,576 | £290,000 | FLAT 5 92 PELL STREET |
| 10 Mar 2023 | £377,038 | £375,000 | 45 HENRY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Henry Street |
| Mar 2024 | Drugs | Under investigation | On or near Henry Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Henry Street |
| Apr 2024 | Anti-social behaviour | On or near Pell Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near West Hill |