£599,702
This estimated value is based upon the latest sale price for the house of £392,500 on 18 Jul 2014. 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 |
|---|---|
| £392,500 | 18 Jul 2014 |
| £285,000 | 28 Jun 2005 |
| £80,000 | 3 Feb 1995 |
| 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 July 2014 the House Price Index for READING was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £392,500 results in an estimated price of approximately £599,702.
| 18 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £392,500 | £207,202 | £599,702 |
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 | 56.034 % | £219,933 | £612,433 |
| 3 Month Average | 32.908 % | £129,163 | £521,663 |
| 6 Month Average | 46.209 % | £181,370 | £573,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £622,965 | £615,000 | 274 HEMDEAN ROAD |
| 21 Aug 2023 | £844,387 | £837,000 | 77 BALMORE PARK |
| 17 Feb 2023 | £669,549 | £670,000 | 151 HEMDEAN ROAD |
| 9 Nov 2022 | £869,468 | £880,000 | 15 GROVE HILL |
| 18 Jul 2022 | £726,957 | £725,000 | 176 HEMDEAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Victoria Road | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Victoria Road |
| Mar 2024 | Anti-social behaviour | On or near Victoria Road | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Balmore Park |