£145,670
This estimated value is based upon the latest sale price for the house of £32,500 on 31 Mar 1999. This value is then adjusted by the current Official House Price Index for READING 1
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111 Oxford Road, Reading, RG1 7UH
Phone: 01184438883
| Price Paid | Date |
|---|---|
| £32,500 | 31 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 1999 the House Price Index for READING was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £32,500 results in an estimated price of approximately £145,670.
| 31 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £32,500 | £113,170 | £145,670 |
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 | 265.707 % | £86,354 | £118,854 |
| 3 Month Average | 293.786 % | £95,480 | £127,980 |
| 6 Month Average | 296.315 % | £96,302 | £128,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £211,853 | £210,000 | FLAT 6 RHEMA COURT FRANKLIN STREET |
| 4 Jul 2023 | £228,070 | £225,000 | 7 CHANCERY MEWS RUSSELL STREET |
| 28 Feb 2023 | £214,855 | £215,000 | FLAT 3 RHEMA COURT FRANKLIN STREET |
| 15 Feb 2023 | £379,744 | £380,000 | 12 FRANKLIN STREET |
| 10 May 2022 | £200,783 | £197,000 | FLAT 2 30 RUSSELL STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 Jun 2012. Using an estimated price of £145,670 means this house is valued at £3,034 per sq meter (£281 per sq foot).
The average size of a house on FRANKLIN STREET is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Franklin Street |
| Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Franklin Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Franklin Street |
| Jan 2024 | Anti-social behaviour | On or near Franklin Street |