£450,725
This estimated value is based upon the latest sale price for the house of £240,000 on 15 Dec 2004. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Gas Works Road
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5-6 Napier Court, Napier Road, Reading, RG1 8BW
Phone: 01184438709
Price Paid | Date |
---|---|
£240,000 | 15 Dec 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 739 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 December 2004 the House Price Index for READING was 78.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 87.802%.Applying this 87.802% change to the original purchase price of £240,000 results in an estimated price of approximately £450,725.
15 Dec 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 148.0 | 87.802 % | £240,000 | £210,725 | £450,725 |
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 | 49.786 % | £119,487 | £359,487 |
3 Month Average | 46.899 % | £112,557 | £352,557 |
6 Month Average | 65.197 % | £156,473 | £396,473 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £284,731 | £283,000 | 112 THE MERIDIAN KENAVON DRIVE |
24 Apr 2023 | £287,134 | £285,000 | 28 THE MERIDIAN KENAVON DRIVE |
8 Aug 2022 | £327,785 | £330,000 | 18 THE MERIDIAN KENAVON DRIVE |
20 May 2022 | £281,687 | £277,500 | 21 THE MERIDIAN KENAVON DRIVE |
31 Aug 2021 | £455,556 | £410,000 | 1 THE MERIDIAN KENAVON DRIVE |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 8 Jun 2010. Using an estimated price of £450,726 means this house is valued at £6,557 per sq meter (£609 per sq foot).
The average size of a house on KENAVON DRIVE is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Gas Works Road |
Apr 2024 | Drugs | Under investigation | On or near Gas Works Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gas Works Road |
Mar 2024 | Drugs | Under investigation | On or near Gas Works Road |
Mar 2024 | Drugs | Under investigation | On or near Gas Works Road |