£219,401
This estimated value is based upon the latest sale price for the house of £119,500 on 14 Oct 2005. 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 |
|---|---|
| £119,500 | 14 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 October 2005 the House Price Index for READING was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £119,500 results in an estimated price of approximately £219,401.
| 14 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £119,500 | £99,901 | £219,401 |
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 | 153.083 % | £182,933 | £302,433 |
| 3 Month Average | 87.617 % | £104,702 | £224,202 |
| 6 Month Average | 72.780 % | £86,972 | £206,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £502,762 | £490,000 | 90 - 91 FRIAR STREET |
| 9 Aug 2023 | £295,327 | £290,000 | 12 TANFIELDS |
| 3 Apr 2023 | £1,834,309 | £1,800,000 | 89 FRIAR STREET |
| 21 Mar 2023 | £5,073,732 | £4,989,000 | 9 STANSHAWE COURT |
| 27 Feb 2023 | £397,656 | £395,000 | 24 STANSHAWE ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Oct 2016. Using an estimated price of £219,401 means this house is valued at £4,769 per sq meter (£443 per sq foot).
The average size of a house on VACHEL ROAD is 51 sq meters (555 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vachel Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Vachel Road |
| May 2024 | Drugs | Local resolution | On or near Vachel Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vachel Road |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Vachel Road |