£580,074
This estimated value is based upon the latest sale price for the house of £575,000 on 31 Aug 2023. 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 Garnet Street
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
| Price Paid | Date |
|---|---|
| £575,000 | 31 Aug 2023 |
| £290,000 | 15 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 August 2023 the House Price Index for READING was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £575,000 results in an estimated price of approximately £580,074.
| 31 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £575,000 | £5,074 | £580,074 |
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 | -3.445 % | £-19,807 | £555,192 |
| 3 Month Average | -9.931 % | £-57,105 | £517,894 |
| 6 Month Average | 5.153 % | £29,631 | £604,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £580,075 | £575,000 | 106 WOLSELEY STREET |
| 25 Oct 2022 | £163,242 | £165,000 | 31 PENNYROYAL COURT |
| 7 Sep 2022 | £158,867 | £160,150 | 24 PENNYROYAL COURT |
| 19 Aug 2022 | £183,506 | £184,000 | 36 PENNYROYAL COURT |
| 14 Jul 2022 | £257,694 | £257,000 | 92 WOLSELEY STREET |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 18 May 2012. Using an estimated price of £580,075 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on WOLSELEY STREET is 67 sq meters (722 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garnet Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Garnet Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Garnet Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Pennyroyal Court |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Pennyroyal Court |