£635,658
This estimated value is based upon the latest sale price for the house of £135,000 on 28 May 1998. 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 |
|---|---|
| £135,000 | 28 May 1998 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 May 1998 the House Price Index for WOKINGHAM was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £135,000 results in an estimated price of approximately £635,658.
| 28 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £135,000 | £500,658 | £635,658 |
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 | 313.630 % | £423,399 | £558,399 |
| 3 Month Average | 320.863 % | £433,164 | £568,164 |
| 6 Month Average | 285.292 % | £385,143 | £520,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £787,661 | £776,000 | 27 HOLMES CRESCENT |
| 18 Jul 2023 | £724,754 | £715,000 | 118 BARKHAM ROAD |
| 13 Jul 2023 | £506,821 | £500,000 | 56 HOLMES CRESCENT |
| 8 Jun 2023 | £860,422 | £850,000 | 32 OAKLANDS DRIVE |
| 8 Jun 2023 | £480,824 | £475,000 | 27 OAKLANDS DRIVE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 4 May 2016. Using an estimated price of £635,658 means this house is valued at £3,653 per sq meter (£339 per sq foot).
There is one other house on the street which we know the size of, this is 3 HOLMES CLOSE it is 169.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holmes Close |
| Feb 2024 | Other theft | Under investigation | On or near Holmes Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaklands Drive |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Oaklands Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Oaklands Drive |