£226,744
This estimated value is based upon the latest sale price for the house of £184,000 on 2 Oct 2018. 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 |
|---|---|
| £184,000 | 2 Oct 2018 |
| £135,000 | 22 Nov 2013 |
| £119,950 | 19 Jun 2006 |
| £114,000 | 10 Dec 2004 |
| £82,000 | 26 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 437 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 October 2018 the House Price Index for READING was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £184,000 results in an estimated price of approximately £226,744.
| 2 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £184,000 | £42,744 | £226,744 |
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 | 3.760 % | £6,917 | £190,917 |
| 3 Month Average | 2.888 % | £5,314 | £189,314 |
| 6 Month Average | 5.629 % | £10,357 | £194,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £170,839 | £169,000 | 1A TURNBERRY COURT MUIRFIELD CLOSE |
| 28 Apr 2023 | £170,839 | £169,000 | PARKING SPACE 1A TURNBERRY COURT MUIRFIELD CLOSE |
| 28 Mar 2023 | £217,045 | £215,000 | FLAT 25 300 KINGS ROAD |
| 5 May 2022 | £295,569 | £290,000 | FLAT 7 103 LONDON ROAD |
| 31 Mar 2022 | £176,165 | £170,000 | 16 TROON COURT MUIRFIELD CLOSE |
This house has a floor area of 40 sq meters or 437 sq feet when measured on 5 Aug 2010. Using an estimated price of £226,745 means this house is valued at £5,582 per sq meter (£518 per sq foot).
The average size of a house on MUIRFIELD CLOSE is 42 sq meters (460 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Muirfield Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Muirfield Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Muirfield Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fatherson Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Fatherson Road |