£452,148
This estimated value is based upon the latest sale price for the house of £292,000 on 19 Jun 2014. 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 |
|---|---|
| £292,000 | 19 Jun 2014 |
| £249,950 | 21 Jan 2008 |
| £173,000 | 19 Dec 2003 |
| £139,950 | 30 Mar 2001 |
| £85,500 | 22 May 1998 |
| £68,000 | 4 Apr 1997 |
| 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 June 2014 the House Price Index for READING was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £292,000 results in an estimated price of approximately £452,148.
| 19 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £292,000 | £160,148 | £452,148 |
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 | 50.037 % | £146,107 | £438,107 |
| 3 Month Average | 47.863 % | £139,760 | £431,760 |
| 6 Month Average | 42.235 % | £123,326 | £415,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £411,444 | £401,000 | 23 WESTFIELD ROAD |
| 17 Nov 2023 | £384,767 | £375,000 | 37 NORTH STREET |
| 25 Oct 2023 | £473,965 | £463,200 | 62 WESTFIELD ROAD |
| 24 Oct 2023 | £381,668 | £373,000 | 54 WESTFIELD ROAD |
| 19 Oct 2023 | £424,645 | £415,000 | 51 WESTFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Short Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Street |