£224,462
This estimated value is based upon the latest sale price for the house of £160,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Shopping Area
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
Price Paid | Date |
---|---|
£160,000 | 20 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 November 2015 the House Price Index for READING was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £160,000 results in an estimated price of approximately £224,462.
20 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £160,000 | £64,462 | £224,462 |
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 | 46.827 % | £74,923 | £234,923 |
3 Month Average | 21.622 % | £34,595 | £194,595 |
6 Month Average | 19.243 % | £30,788 | £190,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £165,036 | £162,500 | 47 MCILROYS BUILDING OXFORD ROAD |
19 Dec 2023 | £175,389 | £170,000 | 36 MCILROYS BUILDING OXFORD ROAD |
29 Nov 2023 | £502,762 | £490,000 | 90 - 91 FRIAR STREET |
3 Apr 2023 | £1,834,309 | £1,800,000 | 89 FRIAR STREET |
23 Sep 2022 | £195,869 | £196,000 | FLAT 21 THE PICTURE HOUSE CHEAPSIDE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 17 Jan 2019. Using an estimated price of £224,463 means this house is valued at £5,101 per sq meter (£473 per sq foot).
The average size of a house on OXFORD ROAD is 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Theft from the person | Under investigation | On or near Shopping Area |
Jul 2024 | Anti-social behaviour | On or near Shopping Area | |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |
Jul 2024 | Robbery | Under investigation | On or near Shopping Area |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |