£293,785
This estimated value is based upon the latest sale price for the house of £217,500 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Newark Street
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89 London Street, Reading, RG1 4QA
Phone: 01184439356
Price Paid | Date |
---|---|
£217,500 | 31 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 425 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 2016 the House Price Index for READING was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £217,500 results in an estimated price of approximately £293,785.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £217,500 | £76,285 | £293,785 |
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 | 2.720 % | £5,916 | £223,416 |
3 Month Average | 7.660 % | £16,661 | £234,161 |
6 Month Average | 18.950 % | £41,216 | £258,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £324,809 | £320,000 | 27 UPPER CROWN STREET |
18 Aug 2023 | £327,868 | £325,000 | 15 UPPER CROWN STREET |
21 Jul 2023 | £190,565 | £188,000 | FLAT 6 NELSON MEWS ST GILES CLOSE |
17 Apr 2023 | £368,973 | £365,000 | 16 UPPER CROWN STREET |
13 Apr 2023 | £308,320 | £305,000 | 9 NEWARK STREET |
This house has a floor area of 39 sq meters or 425 sq feet when measured on 13 Sep 2011. Using an estimated price of £293,785 means this house is valued at £7,439 per sq meter (£691 per sq foot).
The average size of a house on NEWARK STREET is 62 sq meters (674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Newark Street | |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Newark Street |
Jan 2024 | Anti-social behaviour | On or near Newark Street | |
Jan 2024 | Anti-social behaviour | On or near Newark Street | |
Jan 2024 | Anti-social behaviour | On or near Newark Street |