£293,562
This estimated value is based upon the latest sale price for the house of £53,500 on 11 Oct 1996. This value is then adjusted by the current Official House Price Index for READING 1
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13 Bridge Street, Caversham, Reading, RG4 8AA
Phone: 01184438917
| Price Paid | Date |
|---|---|
| £53,500 | 11 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 1996 the House Price Index for READING was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £53,500 results in an estimated price of approximately £293,562.
| 11 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £53,500 | £240,062 | £293,562 |
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 | 377.391 % | £201,904 | £255,404 |
| 3 Month Average | 400.484 % | £214,259 | £267,759 |
| 6 Month Average | 463.800 % | £248,132 | £301,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £384,922 | £380,000 | 3 NEWPORT ROAD |
| 30 Aug 2023 | £378,310 | £375,000 | 69 ADDISON ROAD |
| 26 Jun 2023 | £475,763 | £470,000 | 54 NEWPORT ROAD |
| 9 Mar 2023 | £338,186 | £335,000 | 67 YORK ROAD |
| 13 Feb 2023 | £299,798 | £300,000 | 24 NEWPORT ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Jun 2020. Using an estimated price of £293,562 means this house is valued at £3,669 per sq meter (£340 per sq foot).
The average size of a house on ADDISON ROAD is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Addison Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addison Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Addison Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near York Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near York Road |