£216,835
This estimated value is based upon the latest sale price for the house of £172,000 on 13 Nov 2017. This value is then adjusted by the current Official House Price Index for READING 1
Get our free house price tracker.
78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
| Price Paid | Date |
|---|---|
| £172,000 | 13 Nov 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 508 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 November 2017 the House Price Index for READING was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £172,000 results in an estimated price of approximately £216,835.
| 13 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £172,000 | £44,835 | £216,835 |
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 | 11.776 % | £20,254 | £192,254 |
| 3 Month Average | -2.231 % | £-3,837 | £168,162 |
| 6 Month Average | 1.385 % | £2,382 | £174,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £173,027 | £170,000 | 36 MCILROYS BUILDING OXFORD ROAD |
| 4 Feb 2022 | £136,330 | £130,000 | FLAT 7 OXFORD HOUSE CHEAPSIDE |
| 17 Dec 2021 | £217,490 | £203,000 | FLAT 43 THE PICTURE HOUSE CHEAPSIDE |
| 29 Oct 2021 | £154,907 | £140,000 | 48 MCILROYS BUILDING OXFORD ROAD |
| 19 Jul 2021 | £214,913 | £187,000 | FLAT 6 OXFORD HOUSE CHEAPSIDE |
This house has a floor area of 47 sq meters or 508 sq feet when measured on 19 Mar 2012. Using an estimated price of £216,835 means this house is valued at £4,589 per sq meter (£426 per sq foot).
The average size of a house on CHEAPSIDE is 63 sq meters (687 sq feet).