£332,062
This estimated value is based upon the latest sale price for the house of £226,000 on 15 Apr 2015. 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 Lindisfarne Way
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21 Whitley Street, Reading, RG2 0EG
Phone: 01184430111
Price Paid | Date |
---|---|
£226,000 | 15 Apr 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 April 2015 the House Price Index for READING was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £226,000 results in an estimated price of approximately £332,062.
15 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £226,000 | £106,062 | £332,062 |
The Postcode Pricing Model uses changes in average sales price within the RG2 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 | 18.365 % | £41,505 | £267,505 |
3 Month Average | 42.790 % | £96,706 | £322,706 |
6 Month Average | 35.801 % | £80,910 | £306,910 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £272,027 | £268,000 | FLAT 8 23 PUFFIN WAY |
15 Sep 2023 | £217,785 | £215,000 | FLAT 2 11 LINDISFARNE WAY |
31 Jul 2023 | £283,820 | £280,000 | FLAT 405 CYGNET HOUSE DRAKE WAY |
21 Jul 2023 | £349,707 | £345,000 | 9 LINDISFARNE WAY |
1 Feb 2023 | £244,835 | £245,000 | FLAT 2 16 WHALE AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Mar 2015. Using an estimated price of £332,063 means this house is valued at £5,534 per sq meter (£514 per sq foot).
The average size of a house on DRAKE WAY is 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lindisfarne Way |