£189,228
This estimated value is based upon the latest sale price for the house of £170,000 on 2 Mar 2021. This value is then adjusted by the current Official House Price Index for READING 1
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111 Oxford Road, Reading, RG1 7UH
Phone: 01184438883
| Price Paid | Date |
|---|---|
| £170,000 | 2 Mar 2021 |
| £129,500 | 10 Feb 2012 |
| £116,000 | 2 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 March 2021 the House Price Index for READING was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £170,000 results in an estimated price of approximately £189,228.
| 2 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £170,000 | £19,228 | £189,228 |
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 | 21.805 % | £37,068 | £207,068 |
| 3 Month Average | 9.467 % | £16,094 | £186,094 |
| 6 Month Average | 16.855 % | £28,652 | £198,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £116,489 | £115,000 | FLAT 6 127 CASTLE HILL |
| 20 Mar 2023 | £166,569 | £165,000 | FLAT 17 127 CASTLE HILL |
| 17 Feb 2023 | £270,818 | £271,000 | FLAT C 123 CASTLE HILL |
| 1 Nov 2022 | £175,376 | £177,500 | FLAT B 3 COLEY HILL |
| 28 Oct 2022 | £217,656 | £220,000 | BASEMENT FLAT 23 COLEY HILL |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 21 Jun 2021. Using an estimated price of £189,228 means this house is valued at £4,615 per sq meter (£428 per sq foot).
The average size of a house on COLEY HILL is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Coley Hill |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Coley Hill |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Field Road |
| Mar 2024 | Public order | Under investigation | On or near Castle Hill |
| Mar 2024 | Public order | Under investigation | On or near Castle Hill |