£203,915
This estimated value is based upon the latest sale price for the house of £190,000 on 27 Sep 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 |
|---|---|
| £190,000 | 27 Sep 2021 |
| £181,000 | 6 Mar 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 September 2021 the House Price Index for READING was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £190,000 results in an estimated price of approximately £203,915.
| 27 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £190,000 | £13,915 | £203,915 |
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 | 54.761 % | £104,045 | £294,045 |
| 3 Month Average | 34.205 % | £64,989 | £254,989 |
| 6 Month Average | 14.092 % | £26,775 | £216,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £211,285 | £210,000 | FLAT 6 RHEMA COURT FRANKLIN STREET |
| 28 Feb 2023 | £213,988 | £215,000 | FLAT 3 RHEMA COURT FRANKLIN STREET |
| 15 Feb 2023 | £378,211 | £380,000 | 12 FRANKLIN STREET |
| 15 Jul 2022 | £169,771 | £170,000 | FLAT 1 16 GOLDSMID ROAD |
| 10 May 2022 | £199,973 | £197,000 | FLAT 2 30 RUSSELL STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 26 May 2021. Using an estimated price of £203,916 means this house is valued at £4,161 per sq meter (£386 per sq foot).
The average size of a house on FRANKLIN STREET is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Franklin Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Russell Street |
| Mar 2024 | Anti-social behaviour | On or near Russell Street | |
| Mar 2024 | Anti-social behaviour | On or near Russell Street | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Street |