£270,077
This estimated value is based upon the latest sale price for the house of £235,000 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for READING 1
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46 Erleigh Road, Reading, RG1 5NA
Phone: 01184439231
Price Paid | Date |
---|---|
£235,000 | 16 Jul 2021 |
£185,000 | 16 Aug 2013 |
£177,500 | 15 Nov 2002 |
£149,000 | 10 Jul 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 July 2021 the House Price Index for READING was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £235,000 results in an estimated price of approximately £270,077.
16 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £235,000 | £35,077 | £270,077 |
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 | 49.720 % | £116,842 | £351,842 |
3 Month Average | -3.455 % | £-8,118 | £226,881 |
6 Month Average | 9.960 % | £23,404 | £258,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £455,828 | £450,000 | 16 HATHERLEY ROAD |
23 Jan 2023 | £373,242 | £375,000 | 4 HATHERLEY ROAD |
30 Nov 2022 | £493,028 | £499,000 | 26 HATHERLEY ROAD |
12 Jul 2022 | £476,282 | £475,000 | 97 ADDINGTON ROAD |
18 May 2022 | £254,801 | £250,000 | 6 FARRINGDON COURT ERLEIGH ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 17 Jan 2019. Using an estimated price of £270,077 means this house is valued at £4,910 per sq meter (£456 per sq foot).
The average size of a house on ERLEIGH ROAD is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Hatherley Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hatherley Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hatherley Road |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Farringdon Court |
Jan 2024 | Anti-social behaviour | On or near Farringdon Court |