£300,557
This estimated value is based upon the latest sale price for the house of £245,000 on 13 Dec 2019. 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 |
|---|---|
| £245,000 | 13 Dec 2019 |
| £110,000 | 25 May 2007 |
| £102,000 | 16 May 2001 |
| 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 2019 the House Price Index for READING was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £245,000 results in an estimated price of approximately £300,557.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £245,000 | £55,557 | £300,557 |
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 | 12.185 % | £29,853 | £274,853 |
| 3 Month Average | -0.977 % | £-2,393 | £242,606 |
| 6 Month Average | 2.967 % | £7,270 | £252,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £417,301 | £410,000 | 89 GOSBROOK ROAD |
| 10 Jul 2023 | £496,634 | £489,950 | 9 WASHINGTON ROAD |
| 20 Jan 2023 | £423,007 | £425,000 | 9 HAMPDEN ROAD |
| 4 May 2022 | £295,569 | £290,000 | 224 GOSBROOK ROAD |
| 21 Apr 2022 | £453,112 | £440,000 | 13 WASHINGTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Washington Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Gosbrook Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Patrick Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patrick Road |