£623,080
This estimated value is based upon the latest sale price for the house of £340,000 on 11 Jun 2009. 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 |
|---|---|
| £340,000 | 11 Jun 2009 |
| £10,000 | 18 Dec 1997 |
| £118,500 | 16 Oct 1995 |
| 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 June 2009 the House Price Index for READING was 80.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.259%.Applying this 83.259% change to the original purchase price of £340,000 results in an estimated price of approximately £623,080.
| 11 Jun 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.0 | 83.259 % | £340,000 | £283,080 | £623,080 |
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 | 87.052 % | £295,977 | £635,977 |
| 3 Month Average | 66.847 % | £227,279 | £567,279 |
| 6 Month Average | 80.574 % | £273,951 | £613,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £1,014,187 | £995,000 | 28 HIGHDOWN AVENUE |
| 21 Jul 2023 | £706,685 | £700,000 | 6A HIGHDOWN HILL ROAD |
| 19 Jul 2023 | £999,454 | £990,000 | 6 MERTHYR VALE |
| 2 Nov 2021 | £678,603 | £630,000 | 33 GRAVEL HILL |
| 11 Jun 2021 | £641,155 | £600,000 | 1A GRAVEL HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hafod |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Morlais |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Morlais |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Morlais |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morlais |