£576,319
This estimated value is based upon the latest sale price for the house of £317,000 on 7 Aug 2009. 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 |
|---|---|
| £317,000 | 7 Aug 2009 |
| £328,000 | 18 May 2006 |
| £244,950 | 25 Jun 2002 |
| 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 August 2009 the House Price Index for READING was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £317,000 results in an estimated price of approximately £576,319.
| 7 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £317,000 | £259,319 | £576,319 |
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 | 64.991 % | £206,020 | £523,020 |
| 3 Month Average | 74.191 % | £235,185 | £552,185 |
| 6 Month Average | 74.411 % | £235,882 | £552,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £421,476 | £415,000 | 7 HAMPDEN ROAD |
| 22 Nov 2023 | £436,069 | £425,000 | 5 CROMWELL ROAD |
| 8 Sep 2023 | £675,388 | £660,500 | 1 FAIRFAX CLOSE |
| 20 Jan 2023 | £426,139 | £425,000 | 9 HAMPDEN ROAD |
| 23 Oct 2022 | £398,668 | £400,000 | 9 CROMWELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Waller Court |
| Jun 2024 | Anti-social behaviour | On or near Waller Court | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Waller Court |
| Jun 2024 | Anti-social behaviour | On or near Waller Court | |
| May 2024 | Drugs | Under investigation | On or near Waller Court |