£1,158,177
This estimated value is based upon the latest sale price for the house of £675,000 on 29 Sep 2006. This value is then adjusted by the current Official House Price Index for READING 1
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7 Prospect Street, Caversham, Reading, RG4 8JB
Phone: 01189099441
| Price Paid | Date |
|---|---|
| £675,000 | 29 Sep 2006 |
| Semi-Detached |
| Freehold |
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 September 2006 the House Price Index for READING was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £675,000 results in an estimated price of approximately £1,158,177.
| 29 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £675,000 | £483,177 | £1,158,177 |
The Postcode Pricing Model uses changes in average sales price within the RG4 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 | 72.956 % | £492,456 | £1,167,456 |
| 3 Month Average | 72.015 % | £486,099 | £1,161,099 |
| 6 Month Average | 73.359 % | £495,170 | £1,170,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £625,000 | £625,000 | 9 SPRINGFIELD MEWS |
| 15 Dec 2023 | £319,828 | £310,000 | FLAT 4 OSBERT HOUSE NOTLEY PLACE |
| 5 Oct 2023 | £982,310 | £960,000 | 2A SHEEP WALK |
| 1 Sep 2023 | £940,738 | £920,000 | 21 PICTON WAY |
| 18 Aug 2023 | £377,809 | £370,995 | 6 ST LUKES WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near St Lukes Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rotherfield Way |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rotherfield Way |
| Jun 2024 | Criminal damage and arson | Offender given a caution | On or near Buckingham Gate |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Picton Way |