£602,076
This estimated value is based upon the latest sale price for the house of £312,950 on 15 Sep 2004. 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 |
|---|---|
| £312,950 | 15 Sep 2004 |
| Terraced |
| 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 2004 the House Price Index for WOKINGHAM was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £312,950 results in an estimated price of approximately £602,076.
| 15 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £312,950 | £289,126 | £602,076 |
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 | 14.625 % | £45,770 | £358,720 |
| 3 Month Average | 57.520 % | £180,008 | £492,958 |
| 6 Month Average | 70.681 % | £221,196 | £534,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £242,450 | £235,000 | FLAT 2 QUEENS GATE WELLINGTON ROAD |
| 6 Nov 2023 | £292,423 | £285,000 | 34 OUTFIELD CRESCENT |
| 16 Oct 2023 | £716,268 | £700,000 | 32 WELLINGTON ROAD |
| 6 Oct 2023 | £588,363 | £575,000 | 54 OUTFIELD CRESCENT |
| 11 Sep 2023 | £316,988 | £310,000 | 20 OUTFIELD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Avenue |
| Jul 2024 | Vehicle crime | Under investigation | On or near Wellington Road |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Wellington Road |