6, CARDINAL CLOSE, CAVERSHAM, READING, RG4 8BZ - £155,000

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.

6 CARDINAL CLOSE is a very small flat of 39m², built sometime between 1976 and 1982, which could now be worth an estimated £244,753. It was last sold for £155,000 in December 2009, which was around 9% above the average December 2009 flat price in the Reading local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

6 CARDINAL CLOSE Sold Prices

Land registry data shows four sales for 6 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. two of the four 6 CARDINAL CLOSE sales were for above the average price, and four 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
2009 23 DEC	£155,000	£142,685	9% above HPI
2005 20 MAY	£139,950	£142,564	2% below HPI
2002 5 MAR	£105,000	£111,007	5% below HPI
1998 8 JAN	£61,000	£56,214	9% above HPI

What might 6 CARDINAL CLOSE be worth now?

6 CARDINAL CLOSE might now be worth an estimated £244,753.

This is based on house price inflation of 57.9%, between December 2009 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 57.9% inflationary increase is applied to the most recent sale price for 6 CARDINAL CLOSE of £155,000 on 23rd December 2009. For the value to have increased from £155,000 to £244,753 over the seventeen years and seven months to May 2026, the following assumptions must hold true:

• The value of 6 CARDINAL CLOSE has moved in line with the HPI for flats in the Reading local authority area.
• The December 2009 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CARDINAL CLOSE has not materially changed since December 2009.

How Large is 6 CARDINAL CLOSE?

6 CARDINAL CLOSE is 39m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of flats in Caversham, based on EPC data. 5% of flats are smaller than 6 CARDINAL CLOSE, and 94% of flats are larger. Note that EPC data is not available for all properties in Caversham.

6 CARDINAL CLOSE: Plot

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

Where is 6 CARDINAL CLOSE?

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