£308,231
This estimated value is based upon the latest sale price for the house of £285,000 on 2 Nov 2021. This value is then adjusted by the current Official House Price Index for READING 1
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525 Oxford Road, Reading, Berkshire, RG30 1HJ
Phone: 01184439309
Price Paid | Date |
---|---|
£285,000 | 2 Nov 2021 |
£220,000 | 30 Sep 2014 |
£115,000 | 15 Jun 2001 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 2021 the House Price Index for READING was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £285,000 results in an estimated price of approximately £308,231.
2 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £285,000 | £23,231 | £308,231 |
The Postcode Pricing Model uses changes in average sales price within the RG30 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 | 19.473 % | £55,497 | £340,497 |
3 Month Average | 3.406 % | £9,706 | £294,706 |
6 Month Average | 3.173 % | £9,044 | £294,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £232,441 | £229,000 | 574 OXFORD ROAD |
20 Feb 2023 | £342,270 | £342,500 | 31 ST GEORGES ROAD |
30 Aug 2022 | £334,101 | £335,000 | 29 BEECHAM ROAD |
8 Apr 2022 | £267,748 | £260,000 | 14 BEECHAM ROAD |
22 Dec 2021 | £259,809 | £242,500 | 592 OXFORD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Jan 2015. Using an estimated price of £308,231 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on BEECHAM ROAD is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Beecham Road | |
Mar 2024 | Anti-social behaviour | On or near Beecham Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Brock Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brock Gardens |
Apr 2024 | Other crime | Under investigation | On or near Brock Gardens |