£223,201
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Jul 2021. This value is then adjusted by the current Official House Price Index for READING 1
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111 Oxford Road, Reading, RG1 7UH
Phone: 01184438883
| Price Paid | Date |
|---|---|
| £195,000 | 26 Jul 2021 |
| £136,000 | 9 Jan 2012 |
| £132,500 | 25 Apr 2002 |
| £67,950 | 14 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 July 2021 the House Price Index for READING was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £195,000 results in an estimated price of approximately £223,201.
| 26 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £195,000 | £28,201 | £223,201 |
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 | 138.331 % | £269,745 | £464,745 |
| 3 Month Average | 7.877 % | £15,359 | £210,359 |
| 6 Month Average | 16.314 % | £31,812 | £226,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £453,678 | £450,000 | 11 CARSDALE CLOSE |
| 27 Mar 2023 | £432,337 | £430,000 | 98 BERKELEY AVENUE |
| 10 Mar 2023 | £313,696 | £312,000 | FLAT 21 UPCROSS HOUSE UPCROSS GARDENS |
| 1 Feb 2023 | £338,399 | £340,000 | 83 COLEY AVENUE |
| 1 Aug 2022 | £329,772 | £332,000 | FLAT 14 UPCROSS HOUSE UPCROSS GARDENS |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 16 Jan 2019. Using an estimated price of £223,202 means this house is valued at £4,133 per sq meter (£384 per sq foot).
The average size of a house on COLEY AVENUE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Carsdale Close |
| Apr 2024 | Robbery | Under investigation | On or near Carsdale Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Carsdale Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carsdale Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Carsdale Close |