£222,553
This estimated value is based upon the latest sale price for the house of £182,500 on 27 Feb 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 |
|---|---|
| £182,500 | 27 Feb 2019 |
| £136,500 | 25 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 30 sq meters or 322 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 February 2019 the House Price Index for READING was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.Applying this 21.947% change to the original purchase price of £182,500 results in an estimated price of approximately £222,553.
| 27 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £182,500 | £40,053 | £222,553 |
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 | -15.655 % | £-28,569 | £153,930 |
| 3 Month Average | -14.409 % | £-26,295 | £156,204 |
| 6 Month Average | 0.304 % | £555 | £183,055 |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 12 Sep 2017.
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 |