£407,989
This estimated value is based upon the latest sale price for the house of £355,000 on 29 Jul 2021. 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 | 29 Jul 2021 |
| £209,010 | 24 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 July 2021 the House Price Index for READING was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £355,000 results in an estimated price of approximately £407,989.
| 29 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £355,000 | £52,989 | £407,989 |
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 | 49.720 % | £176,506 | £531,506 |
| 3 Month Average | -3.455 % | £-12,263 | £342,736 |
| 6 Month Average | 9.960 % | £35,356 | £390,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £355,260 | £350,000 | 19 DONNINGTON ROAD |
| 23 Aug 2022 | £373,993 | £375,000 | 89 BLENHEIM ROAD |
| 15 Jun 2022 | £365,160 | £360,000 | 90 DE BEAUVOIR ROAD |
| 27 May 2022 | £424,499 | £416,500 | 69 DONNINGTON ROAD |
| 18 Feb 2022 | £304,121 | £290,000 | 8 BLENHEIM ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 26 Feb 2020. Using an estimated price of £407,989 means this house is valued at £4,857 per sq meter (£451 per sq foot).
The average size of a house on BLENHEIM ROAD is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Blenheim Road |
| Feb 2024 | Anti-social behaviour | On or near Blenheim Road | |
| Feb 2024 | Anti-social behaviour | On or near Blenheim Road | |
| Mar 2024 | Anti-social behaviour | On or near De Beauvoir Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near De Beauvoir Road |