£471,504
This estimated value is based upon the latest sale price for the house of £360,000 on 1 Feb 2017. 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 |
|---|---|
| £360,000 | 1 Feb 2017 |
| £250,000 | 18 Jan 2012 |
| £260,000 | 19 Jan 2009 |
| £260,000 | 19 Jan 2009 |
| £179,995 | 20 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 sq feet |
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 2017 the House Price Index for READING was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £360,000 results in an estimated price of approximately £471,504.
| 1 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £360,000 | £111,504 | £471,504 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | 48.205 % | £173,536 | £533,536 |
| 3 Month Average | 2.674 % | £9,624 | £369,624 |
| 6 Month Average | 5.062 % | £18,224 | £378,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £498,327 | £494,000 | 6 DE MONTFORT ROAD |
| 1 Mar 2024 | £336,165 | £331,000 | FLAT 28 REGENTS RIVERSIDE BRIGHAM ROAD |
| 20 Dec 2023 | £558,151 | £541,000 | 33 DE MONTFORT ROAD |
| 3 Nov 2023 | £454,025 | £442,500 | FLAT 37 REGENTS RIVERSIDE BRIGHAM ROAD |
| 27 Oct 2023 | £547,433 | £535,000 | 20 DE MONTFORT ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Nov 2016. Using an estimated price of £471,504 means this house is valued at £7,253 per sq meter (£673 per sq foot).
The average size of a house on BRIGHAM ROAD is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Brigham Road |
| Jul 2024 | Anti-social behaviour | On or near Lynmouth Road | |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Lynmouth Road |
| Jun 2024 | Anti-social behaviour | On or near Lynmouth Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lynmouth Road |