£218,651
This estimated value is based upon the latest sale price for the house of £215,000 on 28 Mar 2023. 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 |
---|---|
£215,000 | 28 Mar 2023 |
£220,000 | 17 Dec 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 376 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 March 2023 the House Price Index for READING was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £215,000 results in an estimated price of approximately £218,651.
28 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £215,000 | £3,651 | £218,651 |
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 | 79.505 % | £170,936 | £385,936 |
3 Month Average | 6.975 % | £14,995 | £229,995 |
6 Month Average | -0.627 % | £-1,348 | £213,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £172,221 | £169,000 | 1A TURNBERRY COURT MUIRFIELD CLOSE |
28 Apr 2023 | £172,221 | £169,000 | PARKING SPACE 1A TURNBERRY COURT MUIRFIELD CLOSE |
28 Mar 2023 | £218,652 | £215,000 | FLAT 25 300 KINGS ROAD |
31 Mar 2022 | £161,810 | £155,000 | 12 TROON COURT MUIRFIELD CLOSE |
31 Mar 2022 | £177,469 | £170,000 | 16 TROON COURT MUIRFIELD CLOSE |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 23 Jun 2018. Using an estimated price of £218,652 means this house is valued at £6,247 per sq meter (£580 per sq foot).
The average size of a house on KINGS ROAD is 53 sq meters (578 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Muirfield Close |
Jun 2024 | Anti-social behaviour | On or near Muirfield Close | |
Jun 2024 | Anti-social behaviour | On or near Muirfield Close | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Muirfield Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Muirfield Close |