£296,284
This estimated value is based upon the latest sale price for the house of £152,000 on 1 Jul 2004. This value is then adjusted by the current Official House Price Index for READING 1
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111 Oxford Road, Reading, RG1 7UH
Phone: 01184438883
| Price Paid | Date |
|---|---|
| £152,000 | 1 Jul 2004 |
| £109,950 | 16 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2004 the House Price Index for READING was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £152,000 results in an estimated price of approximately £296,284.
| 1 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £152,000 | £144,284 | £296,284 |
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 | 46.838 % | £71,194 | £223,194 |
| 3 Month Average | 56.520 % | £85,910 | £237,910 |
| 6 Month Average | 76.410 % | £116,142 | £268,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £221,942 | £220,000 | 20 EPPING CLOSE |
| 6 Jan 2023 | £213,992 | £215,000 | 16 HERITAGE COURT CASTLE HILL |
| 9 Jun 2022 | £224,168 | £221,000 | 9 RIDGEBOROUGH COURT CASTLE HILL |
| 27 Aug 2021 | £242,089 | £217,000 | 15 HERITAGE COURT CASTLE HILL |
| 26 Aug 2021 | £747,490 | £670,025 | 27 JESSE TERRACE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 16 Aug 2021. Using an estimated price of £296,285 means this house is valued at £5,809 per sq meter (£539 per sq foot).
The average size of a house on CASTLE HILL is 62 sq meters (669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Jesse Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jesse Terrace |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jesse Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jesse Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jesse Terrace |