£453,437
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Jun 2014. 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 |
|---|---|
| £295,000 | 27 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 June 2014 the House Price Index for READING was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £295,000 results in an estimated price of approximately £453,437.
| 27 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £295,000 | £158,437 | £453,437 |
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 | 30.899 % | £91,151 | £386,151 |
| 3 Month Average | 36.234 % | £106,888 | £401,888 |
| 6 Month Average | 49.528 % | £146,108 | £441,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £322,824 | £320,000 | 58 HILL STREET |
| 14 Jul 2023 | £362,884 | £358,000 | 82 PELL STREET |
| 29 Mar 2023 | £292,758 | £290,000 | FLAT 5 92 PELL STREET |
| 8 Sep 2022 | £421,595 | £425,000 | 67 PELL STREET |
| 25 May 2022 | £374,048 | £367,000 | 81 PELL STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 3 Aug 2013. Using an estimated price of £453,437 means this house is valued at £3,627 per sq meter (£337 per sq foot).
The average size of a house on PELL STREET is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pell Street |
| Mar 2024 | Drugs | Under investigation | On or near Henry Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Mar 2024 | Public order | Under investigation | On or near Henry Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Henry Street |