£532,157
This estimated value is based upon the latest sale price for the house of £310,000 on 23 Aug 2006. 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 |
|---|---|
| £310,000 | 23 Aug 2006 |
| £150,000 | 10 Sep 1999 |
| £76,000 | 24 Feb 1995 |
| 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 August 2006 the House Price Index for READING was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £310,000 results in an estimated price of approximately £532,157.
| 23 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £310,000 | £222,157 | £532,157 |
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 | 61.964 % | £192,088 | £502,088 |
| 3 Month Average | 58.738 % | £182,086 | £492,086 |
| 6 Month Average | 78.214 % | £242,461 | £552,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £649,618 | £640,000 | 27 HEMDEAN HILL |
| 28 Sep 2023 | £830,620 | £820,000 | 28 PRIEST HILL |
| 28 Sep 2023 | £400,116 | £395,000 | GROUND FLOOR FLAT 25 PRIEST HILL |
| 20 Jul 2023 | £729,823 | £720,000 | 8 PRIEST HILL |
| 6 Jun 2023 | £582,050 | £575,000 | 41 HEMDEAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hemdean Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rectory Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rectory Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Road |
| Mar 2024 | Public order | Under investigation | On or near Parking Area |