£619,615
This estimated value is based upon the latest sale price for the house of £575,000 on 6 Sep 2021. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
There has been one burglary within the last year on or near Holmewood Close
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2 Southgate House, Alexandra Court, Wokingham, RG40 2BJ
Phone: 01184430933
| Price Paid | Date |
|---|---|
| £575,000 | 6 Sep 2021 |
| £475,000 | 19 Jan 2018 |
| £352,000 | 23 Sep 2011 |
| £140,000 | 28 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 September 2021 the House Price Index for WOKINGHAM was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £575,000 results in an estimated price of approximately £619,615.
| 6 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £575,000 | £44,615 | £619,615 |
The Postcode Pricing Model uses changes in average sales price within the RG41 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 | 2.580 % | £14,834 | £589,834 |
| 3 Month Average | -4.246 % | £-24,414 | £550,585 |
| 6 Month Average | -5.414 % | £-31,128 | £543,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £629,317 | £620,000 | 16 PINECROFT ROAD |
| 25 Sep 2023 | £443,166 | £437,500 | 8 CROFT CLOSE |
| 18 Aug 2023 | £438,839 | £435,000 | 14 MANOR ROAD |
| 28 Jul 2023 | £603,117 | £595,000 | 24 PINECROFT ROAD |
| 1 Sep 2022 | £524,663 | £528,900 | 31 MANOR ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 8 Dec 2017. Using an estimated price of £619,616 means this house is valued at £5,632 per sq meter (£523 per sq foot).
The average size of a house on PINECROFT ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Holmewood Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evendon'S Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Wildcroft Drive |
| Apr 2024 | Burglary | Under investigation | On or near Wildcroft Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Croft Road |