3, GEORGE CLOSE, CAVERSHAM, READING, RG4 5EW - £305,000

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.

3 GEORGE CLOSE is a very large flat of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £323,031. It was last sold for £305,000 in September 2019, which was around 43% above the average September 2019 flat price in the Reading local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

3 GEORGE CLOSE Sold Prices

Land registry data shows three sales for 3 GEORGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Reading local authority area for the corresponding sale date. All of the three 3 GEORGE 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
2019 13 SEP	£305,000	£212,731	43% above HPI
2009 12 JUN	£239,500	£139,218	72% above HPI
2005 31 MAY	£230,000	£142,564	61% above HPI

What might 3 GEORGE CLOSE be worth now?

3 GEORGE CLOSE might now be worth an estimated £323,031.

This is based on house price inflation of 5.9%, between September 2019 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 5.9% inflationary increase is applied to the most recent sale price for 3 GEORGE CLOSE of £305,000 on 13th September 2019. For the value to have increased from £305,000 to £323,031 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 3 GEORGE CLOSE has moved in line with the HPI for flats in the Reading local authority area.
• The September 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GEORGE CLOSE has not materially changed since September 2019.

How Large is 3 GEORGE CLOSE?

3 GEORGE CLOSE is 78m² according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of flats in Caversham, based on EPC data. 84% of flats are smaller than 3 GEORGE CLOSE, and 15% of flats are larger. Note that EPC data is not available for all properties in Caversham.

3 GEORGE CLOSE: Plot

3 GEORGE CLOSE sits on a plot of roughly 0.052 of an acre, or 211m².

Where is 3 GEORGE CLOSE?

3 GEORGE CLOSE is located in CAVERSHAM, in the RG4 postcode district.