£525,045
This estimated value is based upon the latest sale price for the house of £425,000 on 11 Oct 2019. 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 |
|---|---|
| £425,000 | 11 Oct 2019 |
| £400,000 | 10 Sep 2014 |
| £229,000 | 5 Apr 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 October 2019 the House Price Index for WOKINGHAM was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £425,000 results in an estimated price of approximately £525,045.
| 11 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £425,000 | £100,045 | £525,045 |
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 | -34.209 % | £-145,389 | £279,610 |
| 3 Month Average | -7.690 % | £-32,683 | £392,316 |
| 6 Month Average | 0.996 % | £4,232 | £429,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £482,969 | £472,000 | 6 NORTON ROAD |
| 30 Oct 2023 | £463,016 | £452,500 | 7 GIPSY LANE |
| 31 Aug 2023 | £333,515 | £327,500 | FLAT 9 MULBERRY HOUSE, 2 CAREY ROAD |
| 20 Apr 2023 | £392,338 | £385,000 | 10 DAVY CLOSE |
| 3 Apr 2023 | £417,815 | £410,000 | 17 DAVY CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 17 Apr 2014. Using an estimated price of £525,045 means this house is valued at £5,097 per sq meter (£473 per sq foot).
The average size of a house on CAREY ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carey Road |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road |