£309,583
This estimated value is based upon the latest sale price for the house of £305,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for READING 1
There have been two burglaries within the last year on or near Reservoir Crescent
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152 Oxford Road, Reading, RG1 7PJ
Phone: 01184438927
Price Paid | Date |
---|---|
£305,000 | 30 Nov 2023 |
£185,500 | 12 Oct 2011 |
£131,500 | 24 Jan 2011 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 782 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 2023 the House Price Index for READING was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £305,000 results in an estimated price of approximately £309,583.
30 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £305,000 | £4,583 | £309,583 |
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 | 22.848 % | £69,684 | £374,684 |
3 Month Average | -16.969 % | £-51,754 | £253,245 |
6 Month Average | -7.855 % | £-23,956 | £281,043 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £310,432 | £305,000 | 12 BRUNSWICK STREET |
30 Nov 2023 | £309,583 | £305,000 | 7 WESTERN ROAD |
4 Aug 2023 | £322,824 | £320,000 | 3 WESTERN ROAD |
31 Mar 2023 | £331,120 | £328,000 | 27 WESTERN ROAD |
17 Mar 2023 | £307,901 | £305,000 | 43 WESTERN ROAD |
This house has a floor area of 72 sq meters or 782 sq feet when measured on 28 Jul 2011. Using an estimated price of £309,583 means this house is valued at £4,258 per sq meter (£395 per sq foot).
The average size of a house on WESTERN ROAD is 69 sq meters (751 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Reservoir Crescent |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Reservoir Crescent |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Reservoir Crescent |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reservoir Crescent |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Reservoir Crescent |