£494,367
This estimated value is based upon the latest sale price for the house of £355,000 on 19 Nov 2015. This value is then adjusted by the current Official House Price Index for READING 1
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46 Erleigh Road, Reading, RG1 5NA
Phone: 01184439231
| Price Paid | Date |
|---|---|
| £355,000 | 19 Nov 2015 |
| £215,000 | 22 Sep 2011 |
| £189,000 | 2 Sep 2005 |
| £179,950 | 6 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 884 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 November 2015 the House Price Index for READING was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £355,000 results in an estimated price of approximately £494,367.
| 19 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £355,000 | £139,367 | £494,367 |
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 | -9.073 % | £-32,209 | £322,790 |
| 3 Month Average | 4.051 % | £14,381 | £369,381 |
| 6 Month Average | 15.853 % | £56,279 | £411,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £455,828 | £450,000 | 16 HATHERLEY ROAD |
| 31 Aug 2023 | £363,177 | £360,000 | 32 DONNINGTON GARDENS |
| 27 Mar 2023 | £555,231 | £550,000 | 38 ERLEIGH ROAD |
| 23 Jan 2023 | £373,242 | £375,000 | 4 HATHERLEY ROAD |
| 30 Nov 2022 | £493,028 | £499,000 | 26 HATHERLEY ROAD |
This house has a floor area of 82 sq meters or 884 sq feet when measured on 20 Apr 2011. Using an estimated price of £494,368 means this house is valued at £6,014 per sq meter (£558 per sq foot).
The average size of a house on HATHERLEY ROAD is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hatherley Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hatherley Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hatherley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Donnington Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Donnington Gardens |