£5,588,030
This estimated value is based upon the latest sale price for the house of £4,600,000 on 7 Jan 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 |
|---|---|
| £4,600,000 | 7 Jan 2020 |
| Freehold |
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 January 2020 the House Price Index for READING was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £4,600,000 results in an estimated price of approximately £5,588,030.
| 7 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £4,600,000 | £988,030 | £5,588,030 |
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 | -25.554 % | £-1,175,470 | £3,424,529 |
| 3 Month Average | -10.673 % | £-490,965 | £4,109,034 |
| 6 Month Average | 4.626 % | £212,774 | £4,812,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £2,318,871 | £2,275,000 | 1 HAMBLE COURT |
| 28 Jul 2023 | £784,925 | £777,500 | 26 - 28 SOUTHAMPTON STREET |
| 10 Mar 2023 | £377,038 | £375,000 | 45 HENRY STREET |
| 6 May 2022 | £324,829 | £320,000 | 25 HENRY STREET |
| 22 Dec 2021 | £304,110 | £285,000 | 27 HENRY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Letcombe Street |
| Feb 2024 | Shoplifting | Under investigation | On or near Letcombe Street |
| Jan 2024 | Anti-social behaviour | On or near Letcombe Street | |
| Jan 2024 | Anti-social behaviour | On or near Letcombe Street | |
| Jan 2024 | Anti-social behaviour | On or near Letcombe Street |