£350,503
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Oct 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 |
|---|---|
| £300,000 | 2 Oct 2020 |
| £240,000 | 17 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 October 2020 the House Price Index for READING was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £300,000 results in an estimated price of approximately £350,503.
| 2 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £300,000 | £50,503 | £350,503 |
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 | 16.486 % | £49,458 | £349,458 |
| 3 Month Average | -4.187 % | £-12,561 | £287,438 |
| 6 Month Average | 5.729 % | £17,185 | £317,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £315,044 | £311,000 | 19 RIVERSIDE HOUSE FOBNEY STREET |
| 15 Mar 2023 | £346,875 | £345,000 | 76 RIVERSIDE HOUSE FOBNEY STREET |
| 4 Mar 2022 | £412,831 | £400,000 | 50 RIVERSIDE HOUSE FOBNEY STREET |
| 29 Jun 2021 | £454,152 | £425,000 | 49 RIVERSIDE HOUSE FOBNEY STREET |
| 18 Dec 2020 | £274,339 | £240,000 | 4 FOBNEY STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Nov 2018. Using an estimated price of £350,504 means this house is valued at £5,476 per sq meter (£508 per sq foot).
The average size of a house on FOBNEY STREET is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fobney Street |
| Apr 2024 | Other theft | Under investigation | On or near New Bright Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Parthia Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parthia Close |
| Apr 2024 | Other theft | Under investigation | On or near New Bright Street |