£996,667
This estimated value is based upon the latest sale price for the house of £800,000 on 1 Apr 2019. 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 |
|---|---|
| £800,000 | 1 Apr 2019 |
| £620,000 | 13 Jul 2007 |
| 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 April 2019 the House Price Index for READING was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £800,000 results in an estimated price of approximately £996,667.
| 1 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £800,000 | £196,667 | £996,667 |
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 | 30.781 % | £246,245 | £1,046,245 |
| 3 Month Average | 15.595 % | £124,758 | £924,758 |
| 6 Month Average | 9.724 % | £77,793 | £877,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £432,000 | £432,000 | 93 GROVE ROAD |
| 21 Sep 2023 | £582,848 | £570,000 | 25 ERIC AVENUE |
| 13 Sep 2023 | £1,027,654 | £1,005,000 | 10 OLD BARN CLOSE |
| 28 Apr 2023 | £188,526 | £185,000 | FLAT 14 CHILTERN COURT ST BARNABAS ROAD |
| 9 Mar 2023 | £697,651 | £686,000 | 29 ST BARNABAS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Pinetree Court |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Pinetree Court |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Grove Road |
| May 2024 | Anti-social behaviour | On or near Grove Road | |
| May 2024 | Anti-social behaviour | On or near Grove Road |