£377,750
This estimated value is based upon the latest sale price for the house of £310,000 on 12 Feb 2020. 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 |
|---|---|
| £310,000 | 12 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 February 2020 the House Price Index for READING was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £310,000 results in an estimated price of approximately £377,750.
| 12 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £310,000 | £67,750 | £377,750 |
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 | 19.289 % | £59,796 | £369,796 |
| 3 Month Average | -8.742 % | £-27,101 | £282,898 |
| 6 Month Average | 4.787 % | £14,841 | £324,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £361,220 | £360,000 | 50 SHERMAN ROAD |
| 21 Aug 2023 | £321,958 | £320,000 | 58 HILL STREET |
| 14 Jul 2023 | £361,419 | £358,000 | 82 PELL STREET |
| 29 Mar 2023 | £291,576 | £290,000 | FLAT 5 92 PELL STREET |
| 2 Aug 2022 | £168,859 | £170,000 | FLAT 4 THOMSONS YARD, 106 SOUTHAMPTON STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 15 Oct 2019. Using an estimated price of £377,750 means this house is valued at £6,192 per sq meter (£575 per sq foot).
The average size of a house on PELL STREET is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Henry Street |
| Mar 2024 | Public order | 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 |