£552,956
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Nov 2003. 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 |
|---|---|
| £250,000 | 26 Nov 2003 |
| 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 November 2003 the House Price Index for READING was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £250,000 results in an estimated price of approximately £552,956.
| 26 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £250,000 | £302,956 | £552,956 |
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 | 108.275 % | £270,687 | £520,687 |
| 3 Month Average | 90.967 % | £227,417 | £477,417 |
| 6 Month Average | 109.382 % | £273,453 | £523,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £577,382 | £570,000 | 25 ERIC AVENUE |
| 13 Sep 2023 | £1,018,016 | £1,005,000 | 10 OLD BARN CLOSE |
| 28 Apr 2023 | £187,014 | £185,000 | FLAT 14 CHILTERN COURT ST BARNABAS ROAD |
| 9 Mar 2023 | £692,524 | £686,000 | 29 ST BARNABAS ROAD |
| 28 Feb 2023 | £159,892 | £160,000 | FLAT 28 CHILTERN COURT ST BARNABAS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Highdown Hill Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pinetree Court |
| Jan 2024 | Anti-social behaviour | On or near Pinetree Court | |
| Jan 2024 | Anti-social behaviour | On or near Pinetree Court | |
| Jan 2024 | Anti-social behaviour | On or near Pinetree Court |