£260,854
This estimated value is based upon the latest sale price for the house of £225,000 on 26 Nov 2020. 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 Thorn Street
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78 Oxford Road, Reading, RG1 7LJ
Phone: 01184439367
Price Paid | Date |
---|---|
£225,000 | 26 Nov 2020 |
£222,000 | 3 Nov 2017 |
£167,500 | 28 Feb 2006 |
£162,450 | 1 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 522 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 2020 the House Price Index for READING was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £225,000 results in an estimated price of approximately £260,854.
26 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £225,000 | £35,854 | £260,854 |
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 | -7.710 % | £-17,346 | £207,653 |
3 Month Average | -2.903 % | £-6,532 | £218,467 |
6 Month Average | 4.804 % | £10,809 | £235,809 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2023 | £380,116 | £375,000 | FLAT 306 HONISTER, 20 ALFRED STREET |
3 Apr 2023 | £1,819,592 | £1,800,000 | 89 FRIAR STREET |
23 Sep 2022 | £194,430 | £196,000 | FLAT 21 THE PICTURE HOUSE CHEAPSIDE |
18 Feb 2022 | £280,001 | £267,000 | FLAT 8 THE PICTURE HOUSE CHEAPSIDE |
4 Feb 2022 | £136,330 | £130,000 | FLAT 7 OXFORD HOUSE CHEAPSIDE |
This house has a floor area of 48 sq meters or 522 sq feet when measured on 28 Nov 2011. Using an estimated price of £260,855 means this house is valued at £5,372 per sq meter (£499 per sq foot).
The average size of a house on CHEAPSIDE is 63 sq meters (687 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Under investigation | On or near Thorn Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thorn Street |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Thorn Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Thorn Street |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Thorn Street |