£1,028,272
This estimated value is based upon the latest sale price for the house of £300,000 on 31 May 2001. 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 |
|---|---|
| £300,000 | 31 May 2001 |
| £275,000 | 28 May 1999 |
| 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 May 2001 the House Price Index for READING was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £300,000 results in an estimated price of approximately £1,028,272.
| 31 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £300,000 | £728,272 | £1,028,272 |
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 | 148.604 % | £445,812 | £745,812 |
| 3 Month Average | 138.401 % | £415,202 | £715,202 |
| 6 Month Average | 160.588 % | £481,762 | £781,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £563,340 | £555,000 | 38 STUART CLOSE |
| 14 Sep 2023 | £426,959 | £421,500 | 17 STUART CLOSE |
| 17 May 2022 | £229,321 | £225,000 | 79 GROVE ROAD |
| 25 Apr 2022 | £499,453 | £485,000 | 37 STUART CLOSE |
| 7 Feb 2022 | £576,782 | £550,000 | 5 SPRINGFIELD MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Evesham Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Evesham Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Evesham Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evesham Road |
| Mar 2024 | Other crime | Under investigation | On or near Marshland Square |