£392,046
This estimated value is based upon the latest sale price for the house of £380,000 on 4 Dec 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 |
|---|---|
| £380,000 | 4 Dec 2023 |
| £315,000 | 20 Jan 2017 |
| £176,000 | 4 Nov 2011 |
| £168,000 | 31 Mar 2006 |
| £146,000 | 23 Apr 2002 |
| £73,950 | 30 Jul 1998 |
| 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 2023 the House Price Index for READING was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £380,000 results in an estimated price of approximately £392,046.
| 4 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £380,000 | £12,046 | £392,046 |
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 | -22.883 % | £-86,954 | £293,045 |
| 3 Month Average | -5.036 % | £-19,138 | £360,861 |
| 6 Month Average | -11.758 % | £-44,678 | £335,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £392,047 | £380,000 | 218 GOSBROOK ROAD |
| 30 Oct 2023 | £481,946 | £471,000 | 20 WASHINGTON ROAD |
| 24 Feb 2023 | £294,970 | £293,000 | 250 GOSBROOK ROAD |
| 4 May 2022 | £297,757 | £290,000 | 224 GOSBROOK ROAD |
| 21 Apr 2022 | £456,466 | £440,000 | 13 WASHINGTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Gosbrook Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gosbrook Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gosbrook Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gosbrook Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Washington Road |