£566,072
This estimated value is based upon the latest sale price for the house of £350,000 on 30 Mar 2007. 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 |
---|---|
£350,000 | 30 Mar 2007 |
£289,995 | 21 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 116 sq meters or 1,248 sq feet |
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 March 2007 the House Price Index for READING was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £350,000 results in an estimated price of approximately £566,072.
30 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £350,000 | £216,072 | £566,072 |
The Postcode Pricing Model uses changes in average sales price within the RG1 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 | 32.737 % | £114,580 | £464,580 |
3 Month Average | 41.913 % | £146,695 | £496,695 |
6 Month Average | 56.241 % | £196,842 | £546,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £331,000 | £331,000 | FLAT 28 REGENTS RIVERSIDE BRIGHAM ROAD |
3 Nov 2023 | £449,150 | £442,500 | FLAT 37 REGENTS RIVERSIDE BRIGHAM ROAD |
15 Sep 2023 | £526,735 | £520,000 | 21 DE MONTFORT ROAD |
30 Aug 2023 | £549,810 | £545,000 | FLAT 17 REGENTS RIVERSIDE BRIGHAM ROAD |
25 Jul 2023 | £433,856 | £428,017 | 39 DE MONTFORT ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 20 Jun 2019. Using an estimated price of £566,072 means this house is valued at £4,879 per sq meter (£453 per sq foot).
The average size of a house on BRIGHAM ROAD is 74 sq meters (799 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Brigham Road | |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Brigham Road |
Dec 2023 | Violence and sexual offences | Local resolution | On or near Brigham Road |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Brigham Road |
Mar 2024 | Burglary | Under investigation | On or near Lynmouth Road |