£363,593
This estimated value is based upon the latest sale price for the house of £291,000 on 14 Feb 2018. 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 |
|---|---|
| £291,000 | 14 Feb 2018 |
| £176,000 | 30 Jul 2010 |
| £140,000 | 14 Mar 2003 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 February 2018 the House Price Index for READING was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £291,000 results in an estimated price of approximately £363,593.
| 14 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £291,000 | £72,593 | £363,593 |
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 | -12.712 % | £-36,993 | £254,006 |
| 3 Month Average | -17.110 % | £-49,789 | £241,210 |
| 6 Month Average | -0.436 % | £-1,267 | £289,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £322,824 | £320,000 | 58 HILL STREET |
| 14 Jul 2023 | £362,884 | £358,000 | 82 PELL STREET |
| 29 Mar 2023 | £292,758 | £290,000 | FLAT 5 92 PELL STREET |
| 8 Sep 2022 | £421,595 | £425,000 | 67 PELL STREET |
| 2 Aug 2022 | £169,544 | £170,000 | FLAT 4 THOMSONS YARD, 106 SOUTHAMPTON STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 May 2020. Using an estimated price of £363,593 means this house is valued at £5,593 per sq meter (£519 per sq foot).
The average size of a house on SHERMAN ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Sherman Road | |
| Jan 2024 | Anti-social behaviour | On or near Sherman Road | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sherman Road |
| Jan 2024 | Anti-social behaviour | On or near Sherman Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherman Road |