£824,019
This estimated value is based upon the latest sale price for the house of £670,000 on 3 Sep 2018. 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 |
|---|---|
| £670,000 | 3 Sep 2018 |
| £420,000 | 29 Jul 2011 |
| £385,000 | 19 Dec 2006 |
| 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 September 2018 the House Price Index for READING was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £670,000 results in an estimated price of approximately £824,019.
| 3 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £670,000 | £154,019 | £824,019 |
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 | 10.601 % | £71,023 | £741,023 |
| 3 Month Average | -4.396 % | £-29,452 | £640,547 |
| 6 Month Average | 10.419 % | £69,806 | £739,806 |
| 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 Feb 2022 | £506,563 | £485,000 | 21A HIGHDOWN AVENUE |
| 2 Nov 2021 | £678,603 | £630,000 | 33 GRAVEL HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Highdown Hill Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hafod |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Pinetree Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pinetree Court |
| Jan 2024 | Anti-social behaviour | On or near Pinetree Court |