£542,559
This estimated value is based upon the latest sale price for the house of £230,000 on 9 May 2003. 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 |
---|---|
£230,000 | 9 May 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 May 2003 the House Price Index for READING was 62.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 135.895%.Applying this 135.895% change to the original purchase price of £230,000 results in an estimated price of approximately £542,559.
9 May 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 148.0 | 135.895 % | £230,000 | £312,559 | £542,559 |
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 | 57.797 % | £132,933 | £362,933 |
3 Month Average | 54.048 % | £124,309 | £354,309 |
6 Month Average | 77.882 % | £179,128 | £409,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £304,351 | £302,500 | FLAT 16 HUNTERS WHARF KATESGROVE LANE |
23 Feb 2023 | £223,941 | £225,000 | 4 CAPITAL POINT TEMPLE PLACE |
19 Aug 2022 | £265,705 | £267,500 | FLAT 31 HUNTERS WHARF KATESGROVE LANE |
15 Aug 2022 | £278,121 | £280,000 | FLAT 6 HUNTERS WHARF KATESGROVE LANE |
9 May 2022 | £284,225 | £280,000 | FLAT 9 HUNTERS WHARF KATESGROVE LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Aug 2014. Using an estimated price of £542,559 means this house is valued at £7,863 per sq meter (£730 per sq foot).
The average size of a house on KATESGROVE LANE is 68 sq meters (742 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Katesgrove Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Katesgrove Lane |
Apr 2024 | Drugs | Under investigation | On or near Katesgrove Lane |
Apr 2024 | Anti-social behaviour | On or near Katesgrove Lane | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Katesgrove Lane |