£339,072
This estimated value is based upon the latest sale price for the house of £263,500 on 17 May 2017. 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 |
---|---|
£263,500 | 17 May 2017 |
£207,000 | 10 Apr 2015 |
£170,000 | 21 Dec 2009 |
£138,950 | 22 Aug 2002 |
£76,500 | 7 Nov 1997 |
£40,000 | 25 Jun 1997 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 765 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 May 2017 the House Price Index for READING was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £263,500 results in an estimated price of approximately £339,072.
17 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £263,500 | £75,572 | £339,072 |
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 | -15.247 % | £-40,174 | £223,325 |
3 Month Average | -11.374 % | £-29,970 | £233,529 |
6 Month Average | -2.090 % | £-5,507 | £257,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £306,360 | £301,000 | 9 FOXHILL ROAD |
23 Nov 2023 | £289,283 | £285,000 | 23 FOXHILL ROAD |
18 Jul 2023 | £282,806 | £279,000 | 52 CARDIGAN ROAD |
9 Jun 2023 | £304,691 | £301,000 | 37 CARDIGAN ROAD |
27 Mar 2023 | £277,615 | £275,000 | 48 CARDIGAN ROAD |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 8 Jan 2011. Using an estimated price of £339,073 means this house is valued at £4,768 per sq meter (£442 per sq foot).
The average size of a house on CARDIGAN ROAD is 69 sq meters (750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Foxhill Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Foxhill Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Foxhill Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxhill Road |
Dec 2023 | Anti-social behaviour | On or near Cardigan Road |