£241,840
This estimated value is based upon the latest sale price for the house of £200,000 on 23 Jul 2020. 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 |
---|---|
£200,000 | 23 Jul 2020 |
£202,500 | 1 Nov 2013 |
£165,000 | 8 Feb 2006 |
Leasehold |
Floor Area: 62 sq meters or 667 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 2020 the House Price Index for READING was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £200,000 results in an estimated price of approximately £241,840.
23 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £200,000 | £41,840 | £241,840 |
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 | -28.110 % | £-56,220 | £143,779 |
3 Month Average | -0.886 % | £-1,771 | £198,228 |
6 Month Average | 12.935 % | £25,870 | £225,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2023 | £302,853 | £300,000 | 96 ADDINGTON ROAD |
12 Jul 2022 | £476,282 | £475,000 | 97 ADDINGTON ROAD |
18 May 2022 | £254,801 | £250,000 | 6 FARRINGDON COURT ERLEIGH ROAD |
31 Jan 2022 | £473,646 | £450,059 | 72 ERLEIGH ROAD |
28 Jan 2022 | £257,840 | £245,000 | FLAT 7 ADDINGTON HOUSE, 73 ADDINGTON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 4 Sep 2020. Using an estimated price of £241,841 means this house is valued at £3,900 per sq meter (£362 per sq foot).
The average size of a house on ADDINGTON ROAD is 102 sq meters (1,101 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Farringdon Court | |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Farringdon Court |
Jan 2024 | Anti-social behaviour | On or near Farringdon Court | |
Jan 2024 | Anti-social behaviour | On or near Farringdon Court | |
Mar 2024 | Anti-social behaviour | On or near Hatherley Road |