£564,332
This estimated value is based upon the latest sale price for the house of £325,000 on 14 Dec 2011. 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 |
|---|---|
| £325,000 | 14 Dec 2011 |
| £226,000 | 13 Apr 2000 |
| Terraced |
| 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 December 2011 the House Price Index for READING was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £325,000 results in an estimated price of approximately £564,332.
| 14 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £325,000 | £239,332 | £564,332 |
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 | 62.446 % | £202,950 | £527,950 |
| 3 Month Average | 62.320 % | £202,539 | £527,539 |
| 6 Month Average | 61.548 % | £200,029 | £525,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £513,134 | £505,250 | 53 ELLIOTS WAY |
| 5 Dec 2023 | £429,580 | £416,380 | 18 ELLIOTTS WAY |
| 19 Sep 2023 | £649,314 | £635,000 | 49 ELLIOTS WAY |
| 10 Jan 2023 | £330,884 | £330,000 | 86 ELLIOTS WAY |
| 2 Sep 2022 | £604,596 | £605,000 | 43 ELLIOTS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Cardinal Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Elliots Way |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Patrick Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Patrick Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patrick Road |