£1,006,494
This estimated value is based upon the latest sale price for the house of £650,000 on 27 Jun 2014. 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 |
|---|---|
| £650,000 | 27 Jun 2014 |
| Detached |
| Freehold |
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 June 2014 the House Price Index for WOKINGHAM was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £650,000 results in an estimated price of approximately £1,006,494.
| 27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £650,000 | £356,494 | £1,006,494 |
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 | -22.914 % | £-148,939 | £501,060 |
| 3 Month Average | 25.811 % | £167,772 | £817,772 |
| 6 Month Average | 36.866 % | £239,626 | £889,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £756,625 | £745,000 | 5 WIMBUSHES |
| 25 Aug 2023 | £875,796 | £860,000 | 6 REDGAUNTLET |
| 17 Aug 2023 | £891,071 | £875,000 | 36 CHURCH HAMS |
| 4 Aug 2023 | £926,714 | £910,000 | 25 CHURCH HAMS |
| 21 Nov 2022 | £940,602 | £945,000 | 34 MANOR PARK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Unable to prosecute suspect | On or near Wimbushes |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Warren Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warren Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warren Lane |
| Apr 2024 | Anti-social behaviour | On or near Warren Lane |