£494,936
This estimated value is based upon the latest sale price for the house of £290,000 on 3 Oct 2011. This value is then adjusted by the current Official House Price Index for READING 1
There has been one burglary within the last year on or near Sheldon Rise
More crime details
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7 Prospect Street, Caversham, Reading, RG4 8JB
Phone: 01189099441
| Price Paid | Date |
|---|---|
| £290,000 | 3 Oct 2011 |
| 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 October 2011 the House Price Index for READING was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.668%.Applying this 70.668% change to the original purchase price of £290,000 results in an estimated price of approximately £494,936.
| 3 Oct 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.668 % | £290,000 | £204,936 | £494,936 |
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 | 15.315 % | £44,412 | £334,412 |
| 3 Month Average | 36.298 % | £105,262 | £395,262 |
| 6 Month Average | 69.823 % | £202,486 | £492,486 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheldon Rise |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Sheldon Rise |
| Dec 2023 | Vehicle crime | Offender given a caution | On or near Valley Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rotherfield Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Badgers Rise |