£1,572,936
This estimated value is based upon the latest sale price for the house of £315,000 on 19 Sep 1997. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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43a Peach Street, Wokingham, RG40 1XJ
Phone: 01184430097
| Price Paid | Date |
|---|---|
| £315,000 | 19 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 204 sq meters or 2,195 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 September 1997 the House Price Index for WOKINGHAM was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £315,000 results in an estimated price of approximately £1,572,936.
| 19 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £315,000 | £1,257,936 | £1,572,936 |
The Postcode Pricing Model uses changes in average sales price within the RG40 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 | 311.250 % | £980,438 | £1,295,438 |
| 3 Month Average | 258.138 % | £813,136 | £1,128,136 |
| 6 Month Average | 268.523 % | £845,848 | £1,160,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £318,065 | £312,500 | FLAT 3 ALEXANDER HOUSE, 23 MURDOCH ROAD |
| 8 Dec 2023 | £335,877 | £330,000 | FLAT 6 STURGES COURT, 70 STURGES ROAD |
| 29 Sep 2023 | £278,562 | £275,000 | FLAT 10 ALEXANDER HOUSE, 23 MURDOCH ROAD |
| 13 Jun 2023 | £516,253 | £510,000 | APARTMENT 8 GORTON OAKS, 17 MURDOCH ROAD |
| 6 Jun 2023 | £682,770 | £674,500 | 7 SOUTH CLOSE |
This house has a floor area of 204 sq meters or 2,195 sq feet when measured on 26 May 2015. Using an estimated price of £1,572,937 means this house is valued at £7,710 per sq meter (£716 per sq foot).
The average size of a house on PURSLANE is 299 sq meters (3,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Murdoch Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Erica Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Erica Drive |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near South Close |