£384,870
This estimated value is based upon the latest sale price for the house of £232,500 on 21 Dec 2006. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Fobney Street
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50 London Street, Reading, RG1 4SQ
Phone: 01189380159
Price Paid | Date |
---|---|
£232,500 | 21 Dec 2006 |
£195,000 | 7 Jan 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 December 2006 the House Price Index for READING was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £232,500 results in an estimated price of approximately £384,870.
21 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 148.6 | 65.536 % | £232,500 | £152,370 | £384,870 |
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 | 41.727 % | £97,015 | £329,515 |
3 Month Average | 44.749 % | £104,041 | £336,541 |
6 Month Average | 60.056 % | £139,629 | £372,129 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £315,674 | £311,000 | 19 RIVERSIDE HOUSE FOBNEY STREET |
15 Mar 2023 | £348,281 | £345,000 | 76 RIVERSIDE HOUSE FOBNEY STREET |
4 Mar 2022 | £414,505 | £400,000 | 50 RIVERSIDE HOUSE FOBNEY STREET |
19 Oct 2021 | £680,484 | £615,000 | 45 RIVERSIDE HOUSE FOBNEY STREET |
29 Jun 2021 | £455,993 | £425,000 | 49 RIVERSIDE HOUSE FOBNEY STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 11 Jun 2020. Using an estimated price of £384,870 means this house is valued at £6,207 per sq meter (£576 per sq foot).
The average size of a house on FOBNEY STREET is 73 sq meters (790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fobney Street |
Feb 2024 | Anti-social behaviour | On or near New Bright Street | |
Feb 2024 | Anti-social behaviour | On or near New Bright Street | |
Jan 2024 | Anti-social behaviour | On or near New Bright Street | |
Jan 2024 | Anti-social behaviour | On or near New Bright Street |