£237,943
This estimated value is based upon the latest sale price for the house of £51,000 on 2 Oct 1998. This value is then adjusted by the current Official House Price Index for READING 1
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525 Oxford Road, Reading, Berkshire, RG30 1HJ
Phone: 01184439309
Price Paid | Date |
---|---|
£51,000 | 2 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 1998 the House Price Index for READING was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £51,000 results in an estimated price of approximately £237,943.
2 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.555 % | £51,000 | £186,943 | £237,943 |
The Postcode Pricing Model uses changes in average sales price within the RG30 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 | 366.736 % | £187,035 | £238,035 |
3 Month Average | 352.597 % | £179,824 | £230,824 |
6 Month Average | 349.985 % | £178,492 | £229,492 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £198,043 | £195,000 | FLAT 1 TREVOR HOUSE COLLIERS WAY |
1 Dec 2023 | £361,096 | £350,000 | 76 WATER ROAD |
3 Nov 2023 | £239,069 | £233,000 | FLAT 7 109 GROVELANDS ROAD |
21 Sep 2023 | £434,580 | £425,000 | 106 GROVELANDS ROAD |
25 Aug 2023 | £402,255 | £395,000 | 50 WATER ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 May 2015. Using an estimated price of £237,943 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on COLLIERS WAY is 89 sq meters (959 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near Colliers Way |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Colliers Way |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Colliers Way |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Colliers Way |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colliers Way |