16, CARDINAL CLOSE, CAVERSHAM, READING, RG4 8BZ - £59,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CARDINAL CLOSE is a very small flat of 38m², built sometime between 1976 and 1982, which could now be worth an estimated £271,707. It was last sold for £59,500 in July 1997, which was around 21% above the average July 1997 flat price in the Reading local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

16 CARDINAL CLOSE Sold Prices

Land registry data shows two sales for 16 CARDINAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Reading local authority area for the corresponding sale date. Both of the two 16 CARDINAL CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1997 1 JUL	£59,500	£49,339	21% above HPI
1996 18 JUL	£49,000	£44,510	10% above HPI

What might 16 CARDINAL CLOSE be worth now?

16 CARDINAL CLOSE might now be worth an estimated £271,707.

This is based on house price inflation of 356.7%, between July 1997 and May 2026, for flats, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 356.7% inflationary increase is applied to the most recent sale price for 16 CARDINAL CLOSE of £59,500 on 1st July 1997. For the value to have increased from £59,500 to £271,707 over the 29 years and two months to May 2026, the following assumptions must hold true:

• The value of 16 CARDINAL CLOSE has moved in line with the HPI for flats in the Reading local authority area.
• The July 1997 sale price of £59,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CARDINAL CLOSE has not materially changed since July 1997.

How Large is 16 CARDINAL CLOSE?

16 CARDINAL CLOSE is 38m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of flats in Caversham, based on EPC data. 3% of flats are smaller than 16 CARDINAL CLOSE, and 96% of flats are larger. Note that EPC data is not available for all properties in Caversham.

16 CARDINAL CLOSE: Plot

16 CARDINAL CLOSE sits on a plot of roughly 0.005 of an acre, or 19m².

Where is 16 CARDINAL CLOSE?

16 CARDINAL CLOSE is located in CAVERSHAM, in the RG4 postcode district.