£322,453
This estimated value is based upon the latest sale price for the house of £186,500 on 28 Jul 2006. 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 |
---|---|
£186,500 | 28 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 2006 the House Price Index for READING was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £186,500 results in an estimated price of approximately £322,453.
28 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 148.6 | 72.897 % | £186,500 | £135,953 | £322,453 |
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 | 47.746 % | £89,045 | £275,545 |
3 Month Average | 49.872 % | £93,011 | £279,511 |
6 Month Average | 64.759 % | £120,776 | £307,276 |
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 61 sq meters or 656 sq feet when measured on 30 Jun 2020. Using an estimated price of £322,453 means this house is valued at £5,286 per sq meter (£491 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 |