48, LEA CLOSE, READING, RG30 3NB - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 LEA CLOSE is a semi-detached house, which could now be worth an estimated £451,960. It was last sold for £325,000 in July 2015, which was around 2% above the average July 2015 semi-detached price in the Reading local authority area.

48 LEA CLOSE Sold Prices

Land registry data shows four sales for 48 LEA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. two of the four 48 LEA CLOSE sales were for above the average price, and four were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 23 JUL	£325,000	£319,666	2% above HPI
2013 22 NOV	£250,000	£258,094	3% below HPI
2008 2 MAY	£249,950	£243,611	3% above HPI
2002 24 SEP	£179,950	£184,628	3% below HPI

What might 48 LEA CLOSE be worth now?

48 LEA CLOSE might now be worth an estimated £451,960.

This is based on house price inflation of 39.1%, between July 2015 and May 2026, for semi-detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.1% inflationary increase is applied to the most recent sale price for 48 LEA CLOSE of £325,000 on 23rd July 2015. For the value to have increased from £325,000 to £451,960 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 48 LEA CLOSE has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The July 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 48 LEA CLOSE has not materially changed since July 2015.

Where is 48 LEA CLOSE?

48 LEA CLOSE is located in READING, in the RG30 postcode district.