£105,388
This estimated value is based upon the latest sale price for the house of £87,500 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for READING 1
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
| Price Paid | Date |
|---|---|
| £87,500 | 6 Mar 2020 |
| 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 March 2020 the House Price Index for READING was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £87,500 results in an estimated price of approximately £105,388.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £87,500 | £17,888 | £105,388 |
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 | -20.474 % | £-17,914 | £69,585 |
| 3 Month Average | -5.908 % | £-5,169 | £82,330 |
| 6 Month Average | 6.493 % | £5,681 | £93,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £465,647 | £457,500 | FLAT 1 59A CAVERSHAM ROAD |
| 25 Nov 2022 | £207,487 | £210,000 | 19 REGENT COURT |
| 1 Aug 2022 | £215,420 | £216,000 | FLAT 28 JEFFREY PLACE CAVERSHAM ROAD |
| 27 Jul 2022 | £243,957 | £243,300 | FLAT 16 JEFFREY PLACE CAVERSHAM ROAD |
| 9 Jun 2022 | £170,915 | £168,500 | FLAT 4 JEFFREY PLACE CAVERSHAM ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Sep 2019. Using an estimated price of £105,388 means this house is valued at £2,066 per sq meter (£191 per sq foot).
The average size of a house on CAVERSHAM ROAD is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Nightclub |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |
| Feb 2024 | Public order | Under investigation | On or near Nightclub |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |