£1,216,336
This estimated value is based upon the latest sale price for the house of £740,000 on 1 Jul 2008. 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 |
|---|---|
| £740,000 | 1 Jul 2008 |
| Detached |
| Freehold |
| Floor Area: 227 sq meters or 2,443 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 July 2008 the House Price Index for WOKINGHAM was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £740,000 results in an estimated price of approximately £1,216,336.
| 1 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £740,000 | £476,336 | £1,216,336 |
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 | 78.280 % | £579,269 | £1,319,269 |
| 3 Month Average | 51.703 % | £382,601 | £1,122,601 |
| 6 Month Average | 49.307 % | £364,871 | £1,104,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £388,398 | £385,000 | FLAT 24 QUEENS GATE WELLINGTON ROAD |
| 20 Jul 2023 | £253,411 | £250,000 | FLAT C SALISBURY LODGE, 20 STATION ROAD |
| 28 Apr 2023 | £540,823 | £535,000 | 4 PARK ROAD |
| 5 Jan 2023 | £378,218 | £380,000 | FLAT 11 QUEENS GATE WELLINGTON ROAD |
| 11 Nov 2022 | £321,110 | £325,000 | 2A ALBERT ROAD |
This house has a floor area of 227 sq meters or 2,443 sq feet when measured on 30 Jan 2015. Using an estimated price of £1,216,336 means this house is valued at £5,358 per sq meter (£497 per sq foot).
The average size of a house on PARK AVENUE is 201 sq meters (2,171 sq feet).
This house is the largest in the street with a floor area of 227 sq meters (2,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Station Road |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Station Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Station Road |