£267,530
This estimated value is based upon the latest sale price for the house of £54,000 on 13 Oct 1997. This value is then adjusted by the current Official House Price Index for READING 1
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46 Erleigh Road, Reading, RG1 5NA
Phone: 01184439231
| Price Paid | Date |
|---|---|
| £54,000 | 13 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 October 1997 the House Price Index for READING was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £54,000 results in an estimated price of approximately £267,530.
| 13 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £54,000 | £213,530 | £267,530 |
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 | 347.040 % | £187,401 | £241,401 |
| 3 Month Average | 347.793 % | £187,808 | £241,808 |
| 6 Month Average | 385.410 % | £208,121 | £262,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2022 | £124,664 | £125,000 | FLAT 4 121 LONDON ROAD |
| 10 Jun 2022 | £126,792 | £125,000 | FLAT 3 121 LONDON ROAD |
| 31 Mar 2022 | £160,621 | £155,000 | 12 TROON COURT MUIRFIELD CLOSE |
| 31 Mar 2022 | £176,165 | £170,000 | 16 TROON COURT MUIRFIELD CLOSE |
| 25 Mar 2022 | £172,538 | £166,500 | FLAT 8 GULLANE COURT MUIRFIELD CLOSE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 22 May 2015. Using an estimated price of £267,531 means this house is valued at £6,859 per sq meter (£637 per sq foot).
The average size of a house on MUIRFIELD CLOSE is 42 sq meters (460 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Muirfield Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Muirfield Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Muirfield Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsgate Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kingsgate Street |