£325,272
This estimated value is based upon the latest sale price for the house of £172,500 on 6 Dec 2004. This value is then adjusted by the current Official House Price Index for READING 1
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89 London Street, Reading, RG1 4QA
Phone: 01184439356
| Price Paid | Date |
|---|---|
| £172,500 | 6 Dec 2004 |
| 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 December 2004 the House Price Index for READING was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £172,500 results in an estimated price of approximately £325,272.
| 6 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £172,500 | £152,772 | £325,272 |
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 | 42.741 % | £73,728 | £246,228 |
| 3 Month Average | 52.301 % | £90,219 | £262,719 |
| 6 Month Average | 66.948 % | £115,485 | £287,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £337,497 | £332,500 | 4 HILL STREET |
| 1 Sep 2023 | £293,756 | £290,000 | 18 CHESTERMAN STREET |
| 28 Apr 2023 | £256,765 | £254,000 | 70 SHERMAN ROAD |
| 30 Mar 2023 | £317,996 | £315,000 | 82 SHERMAN ROAD |
| 14 Mar 2023 | £290,739 | £288,000 | 23 HILL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chesterman Street |
| Dec 2023 | Other theft | Under investigation | On or near Chesterman Street |
| Jan 2024 | Anti-social behaviour | On or near Sherman Road | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sherman Road |
| Jan 2024 | Anti-social behaviour | On or near Sherman Road |