£671,180
This estimated value is based upon the latest sale price for the house of £450,000 on 1 Dec 2014. 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 |
|---|---|
| £450,000 | 1 Dec 2014 |
| £144,000 | 10 Sep 1997 |
| 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 2014 the House Price Index for READING was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £450,000 results in an estimated price of approximately £671,180.
| 1 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £450,000 | £221,180 | £671,180 |
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 | 21.543 % | £96,943 | £546,943 |
| 3 Month Average | 18.544 % | £83,446 | £533,446 |
| 6 Month Average | 32.889 % | £148,001 | £598,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £514,654 | £515,000 | 7 WOLSEY ROAD |
| 10 Jan 2023 | £328,453 | £330,000 | 86 ELLIOTS WAY |
| 13 Jul 2022 | £601,619 | £600,000 | 11 ST STEPHENS CLOSE |
| 28 Sep 2021 | £364,226 | £338,000 | 53 THE WILLOWS |
| 27 Aug 2021 | £630,323 | £565,000 | 32 ELLIOTTS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cardinal Close | |
| Feb 2024 | Anti-social behaviour | On or near Cardinal Close | |
| Feb 2024 | Anti-social behaviour | On or near Cardinal Close | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cardinal Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cardinal Close |