£925,622
This estimated value is based upon the latest sale price for the house of £930,000 on 17 Feb 2023. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Picton Way
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7 Prospect Street, Caversham, Reading, RG4 8JB
Phone: 01189099441
| Price Paid | Date |
|---|---|
| £930,000 | 17 Feb 2023 |
| 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 February 2023 the House Price Index for READING was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £930,000 results in an estimated price of approximately £925,622.
| 17 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £930,000 | £-4,377 | £925,622 |
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 | -29.897 % | £-278,037 | £651,962 |
| 3 Month Average | -15.620 % | £-145,265 | £784,734 |
| 6 Month Average | -3.098 % | £-28,815 | £901,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £315,978 | £310,000 | FLAT 4 OSBERT HOUSE NOTLEY PLACE |
| 11 Aug 2023 | £558,396 | £555,000 | FLAT 1 SPRINGFIELD HOUSE, 24 SURLEY ROW |
| 21 Jun 2023 | £796,458 | £790,000 | 19 PICTON WAY |
| 17 Feb 2023 | £925,622 | £930,000 | 49 PICTON WAY |
| 1 Feb 2023 | £910,693 | £915,000 | 45 PICTON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Picton Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Notley Place |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Sheep Walk |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Rise |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Buckingham Gate |