£687,790
This estimated value is based upon the latest sale price for the house of £545,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for READING 1
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89 London Street, Reading, RG1 4QA
Phone: 01184439356
| Price Paid | Date |
|---|---|
| £545,000 | 31 Oct 2017 |
| 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 October 2017 the House Price Index for READING was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £545,000 results in an estimated price of approximately £687,790.
| 31 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £545,000 | £142,790 | £687,790 |
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 | -13.381 % | £-72,925 | £472,074 |
| 3 Month Average | -7.404 % | £-40,349 | £504,650 |
| 6 Month Average | -3.046 % | £-16,599 | £528,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £189,659 | £188,000 | 3 AVELEY HOUSE ILIFFE CLOSE |
| 21 Jun 2023 | £270,780 | £267,500 | FLAT 5 CITY GATE, 95 - 107 SOUTHAMPTON STREET |
| 14 Apr 2023 | £247,667 | £245,000 | 24 AVELEY HOUSE ILIFFE CLOSE |
| 10 Feb 2023 | £239,839 | £240,000 | 19 AVELEY HOUSE ILIFFE CLOSE |
| 20 Sep 2021 | £237,070 | £220,000 | 4 AVELEY HOUSE ILIFFE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Upper Crown Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Crown Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Crown Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Crown Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Upper Crown Street |