£665,447
This estimated value is based upon the latest sale price for the house of £540,000 on 19 Oct 2018. 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 |
|---|---|
| £540,000 | 19 Oct 2018 |
| £179,950 | 23 Apr 1999 |
| 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 October 2018 the House Price Index for WOKINGHAM was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £540,000 results in an estimated price of approximately £665,447.
| 19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £540,000 | £125,447 | £665,447 |
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 | 15.654 % | £84,530 | £624,530 |
| 3 Month Average | 2.931 % | £15,829 | £555,829 |
| 6 Month Average | 4.660 % | £25,166 | £565,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £565,227 | £558,000 | 26 WINDSOR RIDE |
| 1 Sep 2023 | £425,440 | £420,000 | 3 BANKSIDE |
| 16 Aug 2023 | £857,502 | £850,000 | 1 SUMMIT CLOSE |
| 28 Jul 2023 | £380,116 | £375,000 | 4 BANKSIDE |
| 13 Jul 2023 | £739,959 | £730,000 | 412A FINCHAMPSTEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Summit Close |
| Mar 2024 | Public order | Under investigation | On or near Nine Mile Ride |
| Mar 2024 | Anti-social behaviour | On or near Nine Mile Ride | |
| Mar 2024 | Public order | Under investigation | On or near Vicarage Close |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Vicarage Close |