£335,452
This estimated value is based upon the latest sale price for the house of £59,800 on 20 Dec 1995. 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 Ellesmere Close
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7 Prospect Street, Caversham, Reading, RG4 8JB
Phone: 01189099441
| Price Paid | Date |
|---|---|
| £59,800 | 20 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
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 December 1995 the House Price Index for READING was 26.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 460.958%.Applying this 460.958% change to the original purchase price of £59,800 results in an estimated price of approximately £335,452.
| 20 Dec 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 146.7 | 460.958 % | £59,800 | £275,652 | £335,452 |
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 | 283.934 % | £169,792 | £229,592 |
| 3 Month Average | 328.128 % | £196,220 | £256,020 |
| 6 Month Average | 437.491 % | £261,619 | £321,419 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ellesmere Close |
| Mar 2024 | Burglary | Under investigation | On or near Picton Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Picton Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Picton Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Balmore Park |