£384,796
This estimated value is based upon the latest sale price for the house of £247,500 on 18 Oct 2007. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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2 Southgate House, Alexandra Court, Wokingham, RG40 2BJ
Phone: 01184430933
| Price Paid | Date |
|---|---|
| £247,500 | 18 Oct 2007 |
| £170,000 | 26 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 840 sq feet |
This model uses changes in the Official Land Registry House Price Index for WOKINGHAM to estimate the market value.
When this house was purchased in October 2007 the House Price Index for WOKINGHAM was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £247,500 results in an estimated price of approximately £384,796.
| 18 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £247,500 | £137,296 | £384,796 |
The Postcode Pricing Model uses changes in average sales price within the RG41 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 | 63.406 % | £156,931 | £404,431 |
| 3 Month Average | 70.024 % | £173,308 | £420,808 |
| 6 Month Average | 59.121 % | £146,324 | £393,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £466,913 | £460,000 | 9 BANBURY CLOSE |
| 22 Sep 2023 | £491,282 | £485,000 | 38 BANBURY CLOSE |
| 15 Aug 2023 | £443,883 | £440,000 | 35 BANBURY CLOSE |
| 27 Jul 2023 | £446,003 | £440,000 | 30 BANBURY CLOSE |
| 17 Feb 2023 | £464,687 | £465,000 | 59 HAVELOCK ROAD |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 10 Jul 2009. Using an estimated price of £384,797 means this house is valued at £4,930 per sq meter (£458 per sq foot).
The average size of a house on FREDERICK PLACE is 69 sq meters (746 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Frederick Place | |
| Mar 2024 | Anti-social behaviour | On or near Frederick Place | |
| Mar 2024 | Anti-social behaviour | On or near Frederick Place | |
| Mar 2024 | Anti-social behaviour | On or near Frederick Place | |
| Mar 2024 | Anti-social behaviour | On or near Frederick Place |