£122,314
This estimated value is based upon the latest sale price for the house of £120,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for READING 1
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5-6 Napier Court, Napier Road, Reading, RG1 8BW
Phone: 01184438709
| Price Paid | Date |
|---|---|
| £120,000 | 1 Dec 2023 |
| £174,000 | 26 Jul 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 24 sq meters or 258 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 December 2023 the House Price Index for READING was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £120,000 results in an estimated price of approximately £122,314.
| 1 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £120,000 | £2,314 | £122,314 |
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 | 11.804 % | £14,164 | £134,164 |
| 3 Month Average | -8.067 % | £-9,680 | £110,319 |
| 6 Month Average | -8.687 % | £-10,423 | £109,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £122,314 | £120,000 | FLAT 508 HANOVER HOUSE, 202 KINGS ROAD |
| 1 Mar 2023 | £251,359 | £250,000 | 5 TOWN PLACE |
| 1 Dec 2021 | £1,280,461 | £1,200,000 | 1 ELDON ROAD |
| 16 Jul 2021 | £950,039 | £830,000 | 1A ELDON ROAD |
| 10 Jul 2020 | £337,210 | £280,000 | FLAT 6 ALEXANDRA HOUSE, 169 - 171 KINGS ROAD |
This house has a floor area of 24 sq meters or 258 sq feet when measured on 30 Jun 2016. Using an estimated price of £122,314 means this house is valued at £5,096 per sq meter (£473 per sq foot).
The average size of a house on KINGS ROAD is 53 sq meters (578 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near King'S Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eldon Street |
| Apr 2024 | Burglary | Under investigation | On or near St John'S Hill |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St John'S Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St John'S Hill |