£344,554
This estimated value is based upon the latest sale price for the house of £199,950 on 25 May 2006. 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 |
|---|---|
| £199,950 | 25 May 2006 |
| £177,500 | 19 Dec 2003 |
| £136,000 | 3 Jul 2000 |
| £77,800 | 14 Oct 1999 |
| 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 May 2006 the House Price Index for READING was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.320%.Applying this 72.320% change to the original purchase price of £199,950 results in an estimated price of approximately £344,554.
| 25 May 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.320 % | £199,950 | £144,604 | £344,554 |
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 | 24.565 % | £49,117 | £249,067 |
| 3 Month Average | 52.618 % | £105,210 | £305,160 |
| 6 Month Average | 98.033 % | £196,017 | £395,967 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cromwell Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cromwell Road |
| Feb 2024 | Anti-social behaviour | On or near Cromwell Road |