£234,049
This estimated value is based upon the latest sale price for the house of £137,500 on 3 Jul 2012. This value is then adjusted by the current Official House Price Index for READING 1
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50 London Street, Reading, RG1 4SQ
Phone: 01189380159
| Price Paid | Date |
|---|---|
| £137,500 | 3 Jul 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 2012 the House Price Index for READING was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £137,500 results in an estimated price of approximately £234,049.
| 3 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £137,500 | £96,549 | £234,049 |
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 | 33.279 % | £45,759 | £183,259 |
| 3 Month Average | 44.401 % | £61,051 | £198,551 |
| 6 Month Average | 62.889 % | £86,471 | £223,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £293,756 | £290,000 | 90 KATESGROVE LANE |
| 1 Aug 2023 | £305,170 | £302,500 | FLAT 16 HUNTERS WHARF KATESGROVE LANE |
| 23 Feb 2023 | £224,849 | £225,000 | 4 CAPITAL POINT TEMPLE PLACE |
| 19 Aug 2022 | £266,782 | £267,500 | FLAT 31 HUNTERS WHARF KATESGROVE LANE |
| 15 Aug 2022 | £279,248 | £280,000 | FLAT 6 HUNTERS WHARF KATESGROVE LANE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 3 Jun 2020. Using an estimated price of £234,050 means this house is valued at £5,088 per sq meter (£472 per sq foot).
The average size of a house on KATESGROVE LANE is 68 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Katesgrove Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Phoebe Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lower Brook Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lower Brook Street |
| Jan 2024 | Anti-social behaviour | On or near Lower Brook Street |