£370,073
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Dec 2018. This value is then adjusted by the current Official House Price Index for READING 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £300,000 | 18 Dec 2018 |
| Detached |
| Freehold |
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 December 2018 the House Price Index for READING was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £300,000 results in an estimated price of approximately £370,073.
| 18 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £300,000 | £70,073 | £370,073 |
The Postcode Pricing Model uses changes in average sales price within the RG31 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 | -11.109 % | £-33,326 | £266,673 |
| 3 Month Average | -14.443 % | £-43,327 | £256,672 |
| 6 Month Average | 4.824 % | £14,472 | £314,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £1,165,689 | £1,150,000 | 8 THE BEECHES |
| 1 Feb 2023 | £559,623 | £560,000 | 15 SKERRITT WAY |
| 6 Jan 2023 | £990,335 | £995,000 | 3 FERNDALE CLOSE |
| 6 Jan 2023 | £492,679 | £495,000 | 12 RAWLINS RISE |
| 12 May 2022 | £509,602 | £500,000 | 7 POWLEY PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barbrook Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rissington Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fullbrook Crescent |
| Mar 2024 | Public order | Under investigation | On or near Oak Tree Copse |
| Apr 2024 | Vehicle crime | Under investigation | On or near Carlisle Road |