£311,878
This estimated value is based upon the latest sale price for the house of £160,000 on 23 Jul 2004. 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 |
|---|---|
| £160,000 | 23 Jul 2004 |
| £118,000 | 4 Aug 2000 |
| £85,000 | 14 Jul 2000 |
| Terraced |
| Freehold |
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 2004 the House Price Index for READING was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £160,000 results in an estimated price of approximately £311,878.
| 23 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £160,000 | £151,878 | £311,878 |
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 | 46.838 % | £74,941 | £234,941 |
| 3 Month Average | 56.520 % | £90,431 | £250,431 |
| 6 Month Average | 76.410 % | £122,255 | £282,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £282,806 | £279,000 | 52 CARDIGAN ROAD |
| 14 Jul 2023 | £600,583 | £592,500 | 34 UPPER REDLANDS ROAD |
| 9 Jun 2023 | £304,691 | £301,000 | 37 CARDIGAN ROAD |
| 2 Mar 2023 | £325,567 | £322,500 | 73 CARDIGAN ROAD |
| 2 Aug 2022 | £341,082 | £342,000 | 87 CARDIGAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Cardigan Road | |
| Dec 2023 | Anti-social behaviour | On or near Cardigan Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cardigan Road |
| Dec 2023 | Anti-social behaviour | On or near Cardigan Road | |
| Dec 2023 | Anti-social behaviour | On or near Cardigan Road |