£687,904
This estimated value is based upon the latest sale price for the house of £184,950 on 1 Jul 2000. This value is then adjusted by the current Official House Price Index for READING 1
Get our free house price tracker.
7 Prospect Street, Caversham, Reading, RG4 8JB
Phone: 01189099441
| Price Paid | Date |
|---|---|
| £184,950 | 1 Jul 2000 |
| £123,995 | 7 Mar 1997 |
| 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 2000 the House Price Index for READING was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £184,950 results in an estimated price of approximately £687,904.
| 1 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £184,950 | £502,954 | £687,904 |
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 | 197.648 % | £365,550 | £550,500 |
| 3 Month Average | 154.638 % | £286,002 | £470,952 |
| 6 Month Average | 191.352 % | £353,905 | £538,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £431,387 | £425,000 | 5 CROMWELL ROAD |
| 8 Sep 2023 | £669,055 | £660,500 | 1 FAIRFAX CLOSE |
| 20 Jan 2023 | £423,007 | £425,000 | 9 HAMPDEN ROAD |
| 23 Oct 2022 | £395,739 | £400,000 | 9 CROMWELL ROAD |
| 24 Aug 2022 | £235,366 | £236,000 | 38 WALLER COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Rufus Isaacs Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cromwell Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cromwell Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Road |