£342,213
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Feb 2019. 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 Chaucer Close
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7 Prospect Street, Caversham, Reading, RG4 8JB
Phone: 01189099441
| Price Paid | Date |
|---|---|
| £275,000 | 4 Feb 2019 |
| £167,000 | 30 Jul 2003 |
| Semi-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 2019 the House Price Index for READING was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £275,000 results in an estimated price of approximately £342,213.
| 4 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £275,000 | £67,213 | £342,213 |
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 | -3.930 % | £-10,806 | £264,193 |
| 3 Month Average | 6.973 % | £19,175 | £294,175 |
| 6 Month Average | 9.922 % | £27,286 | £302,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £1,160,665 | £1,125,000 | 23 ROTHERFIELD WAY |
| 1 Dec 2023 | £355,937 | £345,000 | 67 SURLEY ROW |
| 31 Aug 2023 | £366,612 | £360,000 | 28 SCOTT CLOSE |
| 1 Jun 2023 | £367,362 | £360,000 | 48 GROVE HILL |
| 28 Apr 2023 | £397,434 | £390,000 | 76 SURLEY ROW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaucer Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Surley Row |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Surley Row |