£668,700
This estimated value is based upon the latest sale price for the house of £450,000 on 5 Jan 2015. This value is then adjusted by the current Official House Price Index for READING 1
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78 Christchurch Road, Reading, RG2 7AZ
Phone: 01184430058
| Price Paid | Date |
|---|---|
| £450,000 | 5 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,275 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 January 2015 the House Price Index for READING was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £450,000 results in an estimated price of approximately £668,700.
| 5 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £450,000 | £218,700 | £668,700 |
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 | 7.684 % | £34,576 | £484,576 |
| 3 Month Average | 26.514 % | £119,312 | £569,312 |
| 6 Month Average | 39.074 % | £175,832 | £625,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2022 | £271,768 | £272,500 | 34 SOUTHERN HILL |
| 10 May 2022 | £201,675 | £197,875 | 24 SOUTHERN HILL |
| 31 Mar 2022 | £637,301 | £615,000 | 66 REDLANDS ROAD |
| 30 Sep 2021 | £258,622 | £240,000 | 10 SOUTHERN HILL |
| 30 Jun 2021 | £482,011 | £449,250 | 7 CINTRA CLOSE |
This house has a floor area of 118 sq meters or 1,275 sq feet when measured on 6 Oct 2008. Using an estimated price of £668,700 means this house is valued at £5,643 per sq meter (£524 per sq foot).
The average size of a house on REDLANDS ROAD is 125 sq meters (1,347 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southern Hill |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Southern Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southern Hill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southern Hill |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Mount |