£282,641
This estimated value is based upon the latest sale price for the house of £148,000 on 29 Sep 2004. This value is then adjusted by the current Official House Price Index for READING 1
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
| Price Paid | Date |
|---|---|
| £148,000 | 29 Sep 2004 |
| £135,000 | 19 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 September 2004 the House Price Index for READING was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £148,000 results in an estimated price of approximately £282,641.
| 29 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £148,000 | £134,641 | £282,641 |
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 | 42.791 % | £63,330 | £211,330 |
| 3 Month Average | 54.199 % | £80,214 | £228,214 |
| 6 Month Average | 70.983 % | £105,055 | £253,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £509,457 | £505,000 | 32 ST MARYS BUTTS |
| 20 Jul 2022 | £1,002,699 | £1,000,000 | 33 CASTLE STREET |
| 7 Jul 2022 | £265,715 | £265,000 | FLAT 2 3 - 5 CASTLE STREET |
| 7 Jul 2022 | £265,715 | £265,000 | FLAT 1 3 - 5 CASTLE STREET |
| 20 May 2022 | £259,897 | £255,000 | FLAT 2 ST. MARYS GROVE CASTLE STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 21 Nov 2018. Using an estimated price of £282,641 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on CASTLE STREET is 55 sq meters (597 sq feet).
This house is the largest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Feb 2024 | Drugs | Local resolution | On or near Further/Higher Educational Building |