£541,645
This estimated value is based upon the latest sale price for the house of £388,950 on 2 Nov 2015. 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 |
|---|---|
| £388,950 | 2 Nov 2015 |
| £280,000 | 26 Apr 2013 |
| £289,950 | 3 Sep 2007 |
| £228,500 | 27 Aug 2004 |
| £135,000 | 9 Dec 1999 |
| 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 November 2015 the House Price Index for READING was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £388,950 results in an estimated price of approximately £541,645.
| 2 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £388,950 | £152,695 | £541,645 |
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 | 10.927 % | £42,500 | £431,450 |
| 3 Month Average | 1.342 % | £5,219 | £394,169 |
| 6 Month Average | 17.495 % | £68,044 | £456,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £310,432 | £305,000 | FLAT 26 CRAYSHAW COURT ABBOTSMEAD PLACE |
| 30 Aug 2023 | £312,736 | £310,000 | FLAT 8 CRAYSHAW COURT ABBOTSMEAD PLACE |
| 28 Jul 2023 | £243,274 | £240,000 | FLAT 6 11 GOSBROOK ROAD |
| 25 Apr 2023 | £237,558 | £235,000 | FLAT 47 CRAYSHAW COURT ABBOTSMEAD PLACE |
| 1 Mar 2023 | £284,682 | £282,000 | FLAT 4 11 GOSBROOK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolsey Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbotsmead Place |
| Apr 2024 | Burglary | Under investigation | On or near St Stephens Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Stephens Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Street |