£526,376
This estimated value is based upon the latest sale price for the house of £520,000 on 2 Jun 2023. 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 |
|---|---|
| £520,000 | 2 Jun 2023 |
| £439,950 | 11 Apr 2018 |
| £435,000 | 18 Mar 2016 |
| £360,000 | 20 May 2015 |
| 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 June 2023 the House Price Index for READING was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £520,000 results in an estimated price of approximately £526,376.
| 2 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £520,000 | £6,376 | £526,376 |
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 | -24.942 % | £-129,698 | £390,301 |
| 3 Month Average | -22.122 % | £-115,034 | £404,965 |
| 6 Month Average | -9.153 % | £-47,593 | £472,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £830,620 | £820,000 | 28 PRIEST HILL |
| 6 Jun 2023 | £582,050 | £575,000 | 41 HEMDEAN ROAD |
| 2 Jun 2023 | £526,376 | £520,000 | 37 HEMDEAN ROAD |
| 31 Mar 2023 | £1,085,224 | £1,075,000 | 33 PRIEST HILL |
| 23 Mar 2023 | £560,279 | £555,000 | 26 HEMDEAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |