£343,336
This estimated value is based upon the latest sale price for the house of £266,000 on 8 Jun 2017. This value is then adjusted by the current Official House Price Index for READING 1
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21 Whitley Street, Reading, RG2 0EG
Phone: 01184430111
| Price Paid | Date |
|---|---|
| £266,000 | 8 Jun 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 June 2017 the House Price Index for READING was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £266,000 results in an estimated price of approximately £343,336.
| 8 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £266,000 | £77,336 | £343,336 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | 7.910 % | £21,039 | £287,039 |
| 3 Month Average | 4.812 % | £12,800 | £278,800 |
| 6 Month Average | 14.811 % | £39,395 | £305,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £482,241 | £470,000 | 21 DRAKE WAY |
| 10 Nov 2023 | £225,730 | £220,000 | FLAT 109 NIGHTINGALE HOUSE DRAKE WAY |
| 10 Feb 2023 | £216,446 | £215,000 | FLAT 107 LINNET HOUSE BEDWYN MEWS |
| 1 Sep 2022 | £259,826 | £260,000 | FLAT 2 27 DRAKE WAY |
| 20 May 2022 | £446,636 | £435,000 | 31 DRAKE WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 Aug 2016. Using an estimated price of £343,337 means this house is valued at £5,628 per sq meter (£522 per sq foot).
The average size of a house on DRAKE WAY is 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Midgham Way |
| Sep 2024 | Anti-social behaviour | On or near Midgham Way | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Midgham Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Padworth Avenue |