£281,221
This estimated value is based upon the latest sale price for the house of £227,500 on 17 May 2019. This value is then adjusted by the current Official House Price Index for READING 1
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Sovereign House, Arkwright Way, Queensway Industrial Estate, Scunthorpe, RG1 3EU
Phone: 01794757445
| Price Paid | Date |
|---|---|
| £227,500 | 17 May 2019 |
| £184,950 | 14 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 May 2019 the House Price Index for READING was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £227,500 results in an estimated price of approximately £281,221.
| 17 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £227,500 | £53,721 | £281,221 |
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 | -21.136 % | £-48,085 | £179,414 |
| 3 Month Average | -18.367 % | £-41,784 | £185,715 |
| 6 Month Average | -9.230 % | £-20,997 | £206,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £146,578 | £145,000 | 2 ABBEY HALL ABBEY SQUARE |
| 21 Feb 2023 | £9,993 | £10,000 | 17 DUKE STREET |
| 27 Apr 2022 | £262,599 | £255,000 | FLAT 9 6 HIGH STREET |
| 9 Feb 2022 | £1,048,694 | £1,000,000 | 11 - 13 KINGS ROAD |
| 3 Dec 2021 | £323,556 | £302,000 | 8A HIGH STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 22 May 2017. Using an estimated price of £281,221 means this house is valued at £4,197 per sq meter (£389 per sq foot).
The average size of a house on KINGS ROAD is 53 sq meters (578 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highbridge Wharf |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Highbridge Wharf |
| Feb 2024 | Shoplifting | Under investigation | On or near Duke Street |
| Feb 2024 | Shoplifting | Under investigation | On or near Duke Street |
| Feb 2024 | Anti-social behaviour | On or near Highbridge Wharf |