£248,867
This estimated value is based upon the latest sale price for the house of £198,000 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for READING 1
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105 London Street, Reading, RG1 4QD
Phone: 02035514491
| Price Paid | Date |
|---|---|
| £198,000 | 13 Oct 2017 |
| £164,000 | 22 Sep 2006 |
| £145,000 | 22 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 600 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 2017 the House Price Index for READING was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £198,000 results in an estimated price of approximately £248,867.
| 13 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.0 | 25.690 % | £198,000 | £50,867 | £248,867 |
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 | -9.106 % | £-18,029 | £179,970 |
| 3 Month Average | -10.688 % | £-21,162 | £176,837 |
| 6 Month Average | -4.063 % | £-8,043 | £189,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £251,530 | £250,000 | 1 PLATINUM APARTMENTS, 32 SILVER STREET |
| 3 Feb 2023 | £236,880 | £238,000 | 24 HIEATT CLOSE |
| 17 Jan 2023 | £175,459 | £177,000 | 2 HIEATT CLOSE |
| 1 Nov 2022 | £236,170 | £240,000 | 4 PLATINUM APARTMENTS, 32 SILVER STREET |
| 27 Oct 2022 | £269,987 | £274,000 | 5 HAWK COTTAGE SILVER STREET |
This house has a floor area of 55 sq meters or 600 sq feet when measured on 17 May 2010. Using an estimated price of £248,867 means this house is valued at £4,461 per sq meter (£414 per sq foot).
The average size of a house on SILVER STREET is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Silver Street |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Theatre/Concert Hall |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Square |
| Apr 2024 | Burglary | Under investigation | On or near Jubilee Square |
| Apr 2024 | Bicycle theft | Under investigation | On or near Jubilee Square |