£529,074
This estimated value is based upon the latest sale price for the house of £453,000 on 17 Nov 2020. 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 |
---|---|
£453,000 | 17 Nov 2020 |
£407,500 | 20 Jan 2016 |
£245,995 | 19 Nov 2010 |
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 2020 the House Price Index for READING was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £453,000 results in an estimated price of approximately £529,074.
17 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £453,000 | £76,074 | £529,074 |
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 | -4.565 % | £-20,678 | £432,321 |
3 Month Average | 1.478 % | £6,696 | £459,696 |
6 Month Average | 6.544 % | £29,643 | £482,643 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £314,669 | £305,000 | FLAT 26 CRAYSHAW COURT ABBOTSMEAD PLACE |
30 Aug 2023 | £315,694 | £310,000 | FLAT 8 CRAYSHAW COURT ABBOTSMEAD PLACE |
25 Apr 2023 | £239,479 | £235,000 | FLAT 47 CRAYSHAW COURT ABBOTSMEAD PLACE |
1 Mar 2023 | £286,789 | £282,000 | FLAT 4 11 GOSBROOK ROAD |
27 Feb 2023 | £518,463 | £515,000 | 7 WOLSEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolsey Road |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near School Lane |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near School Lane |
Apr 2024 | Burglary | Under investigation | On or near St Stephens Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near South Street |