£321,851
This estimated value is based upon the latest sale price for the house of £250,000 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for READING 1
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
| Price Paid | Date |
|---|---|
| £250,000 | 21 Apr 2017 |
| £234,000 | 23 Aug 2007 |
| £135,000 | 23 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 April 2017 the House Price Index for READING was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £250,000 results in an estimated price of approximately £321,851.
| 21 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.0 | 28.740 % | £250,000 | £71,851 | £321,851 |
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 | 5.662 % | £14,155 | £264,155 |
| 3 Month Average | -15.216 % | £-38,039 | £211,960 |
| 6 Month Average | 0.023 % | £57 | £250,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £759,754 | £750,000 | THE SUN INN, 16 CASTLE STREET |
| 20 Jul 2022 | £998,650 | £1,000,000 | 33 CASTLE STREET |
| 7 Jul 2022 | £264,642 | £265,000 | FLAT 1 3 - 5 CASTLE STREET |
| 7 Jul 2022 | £264,642 | £265,000 | FLAT 2 3 - 5 CASTLE STREET |
| 20 May 2022 | £258,848 | £255,000 | FLAT 2 ST. MARYS GROVE CASTLE STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 23 Dec 2016. Using an estimated price of £321,851 means this house is valued at £6,072 per sq meter (£564 per sq foot).
The average size of a house on CASTLE STREET is 55 sq meters (597 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Further/Higher Educational Building |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Further/Higher Educational Building |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |