£802,874
This estimated value is based upon the latest sale price for the house of £244,950 on 28 Sep 2001. 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 |
|---|---|
| £244,950 | 28 Sep 2001 |
| £127,500 | 12 Aug 1996 |
| 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 September 2001 the House Price Index for WOKINGHAM was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £244,950 results in an estimated price of approximately £802,874.
| 28 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £244,950 | £557,924 | £802,874 |
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 | 114.460 % | £280,369 | £525,319 |
| 3 Month Average | 109.871 % | £269,128 | £514,078 |
| 6 Month Average | 118.586 % | £290,476 | £535,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £585,516 | £580,000 | 6 MARYLAND |
| 25 Jul 2022 | £256,190 | £255,500 | 46 VERMONT WOODS |
| 19 Jul 2022 | £616,660 | £615,000 | 9 OREGON WALK |
| 17 Jun 2022 | £319,515 | £315,000 | 31 VERMONT WOODS |
| 10 Jun 2022 | £633,959 | £625,000 | 10 OREGON WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vermont Woods |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ditchfield Lane |
| Apr 2024 | Other theft | Under investigation | On or near Chivers Drive |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |