£595,863
This estimated value is based upon the latest sale price for the house of £470,500 on 4 Dec 2017. 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 |
|---|---|
| £470,500 | 4 Dec 2017 |
| 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 December 2017 the House Price Index for READING was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £470,500 results in an estimated price of approximately £595,863.
| 4 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £470,500 | £125,363 | £595,863 |
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 | 9.959 % | £46,855 | £517,355 |
| 3 Month Average | 8.721 % | £41,034 | £511,534 |
| 6 Month Average | 3.324 % | £15,639 | £486,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £513,134 | £505,250 | 53 ELLIOTS WAY |
| 10 Nov 2023 | £410,367 | £399,950 | 69 GOSBROOK ROAD |
| 19 Sep 2023 | £649,314 | £635,000 | 49 ELLIOTS WAY |
| 11 Sep 2023 | £358,912 | £351,000 | 10 WESTFIELD ROAD |
| 4 Aug 2023 | £402,255 | £395,000 | 44 WESTFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Elliots Way |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area |