8, CARDINAL CLOSE, CAVERSHAM, READING, RG4 8BZ - £141,000

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.

8 CARDINAL CLOSE is a very small flat of 35m², built sometime between 1976 and 1982, which could now be worth an estimated £216,374. It was last sold for £141,000 in January 2011, which was around 4% below the average January 2011 flat price in the Reading local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

8 CARDINAL CLOSE Sold Prices

Land registry data shows four sales for 8 CARDINAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Reading local authority area for the corresponding sale date. Most of the four 8 CARDINAL CLOSE sales were for below 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
2011 28 JAN	£141,000	£146,821	4% below HPI
2008 3 JUL	£148,000	£159,331	7% below HPI
2004 25 JUN	£132,500	£138,670	4% below HPI
1996 15 NOV	£49,950	£46,622	7% above HPI

What might 8 CARDINAL CLOSE be worth now?

8 CARDINAL CLOSE might now be worth an estimated £216,374.

This is based on house price inflation of 53.5%, between January 2011 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 53.5% inflationary increase is applied to the most recent sale price for 8 CARDINAL CLOSE of £141,000 on 28th January 2011. For the value to have increased from £141,000 to £216,374 over the fourteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 CARDINAL CLOSE has moved in line with the HPI for flats in the Reading local authority area.
• The January 2011 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CARDINAL CLOSE has not materially changed since January 2011.

How Large is 8 CARDINAL CLOSE?

8 CARDINAL CLOSE is 35m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of flats in Caversham, based on EPC data. 2% of flats are smaller than 8 CARDINAL CLOSE, and 98% of flats are larger. Note that EPC data is not available for all properties in Caversham.

8 CARDINAL CLOSE: Plot

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

Where is 8 CARDINAL CLOSE?

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