£354,350
This estimated value is based upon the latest sale price for the house of £191,625 on 24 Mar 2009. 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 |
---|---|
£191,625 | 24 Mar 2009 |
Flats/Maisonettes |
Leasehold |
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 March 2009 the House Price Index for READING was 80.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 84.919%.Applying this 84.919% change to the original purchase price of £191,625 results in an estimated price of approximately £354,350.
24 Mar 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.0 | 148.0 | 84.919 % | £191,625 | £162,725 | £354,350 |
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 | 61.717 % | £118,266 | £309,891 |
3 Month Average | 51.948 % | £99,545 | £291,170 |
6 Month Average | 68.763 % | £131,767 | £323,392 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £326,988 | £325,000 | FLAT 5 HERMITAGE CHATHAM STREET |
30 Jun 2023 | £330,681 | £328,000 | FLAT 53 HERMITAGE CHATHAM STREET |
21 Apr 2023 | £226,685 | £225,000 | FLAT 32 HERMITAGE CHATHAM STREET |
14 Oct 2022 | £308,908 | £313,500 | FLAT 10 HERMITAGE CHATHAM STREET |
12 Sep 2019 | £409,373 | £335,000 | FLAT 47 HERMITAGE CHATHAM STREET |