£208,040
This estimated value is based upon the latest sale price for the house of £140,000 on 23 Jan 2015. 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 |
|---|---|
| £140,000 | 23 Jan 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 January 2015 the House Price Index for READING was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £140,000 results in an estimated price of approximately £208,040.
| 23 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £140,000 | £68,040 | £208,040 |
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 | 7.684 % | £10,757 | £150,757 |
| 3 Month Average | 26.514 % | £37,119 | £177,119 |
| 6 Month Average | 39.074 % | £54,703 | £194,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £173,027 | £170,000 | 36 MCILROYS BUILDING OXFORD ROAD |
| 29 Nov 2023 | £497,363 | £490,000 | 90 - 91 FRIAR STREET |
| 3 Apr 2023 | £1,819,592 | £1,800,000 | 89 FRIAR STREET |
| 30 Mar 2022 | £103,626 | £100,000 | 200 - 202 BROAD STREET |
| 4 Feb 2022 | £136,330 | £130,000 | FLAT 7 OXFORD HOUSE CHEAPSIDE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 2 Nov 2018. Using an estimated price of £208,040 means this house is valued at £4,426 per sq meter (£411 per sq foot).
The average size of a house on OXFORD ROAD is 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near West Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near West Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Street |
| Mar 2024 | Public order | Under investigation | On or near West Street |