£399,936
This estimated value is based upon the latest sale price for the house of £305,000 on 8 Dec 2016. 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 |
|---|---|
| £305,000 | 8 Dec 2016 |
| £204,000 | 31 Mar 2006 |
| £139,950 | 16 Nov 2001 |
| £100,000 | 4 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 632 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 December 2016 the House Price Index for WOKINGHAM was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £305,000 results in an estimated price of approximately £399,936.
| 8 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £305,000 | £94,936 | £399,936 |
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 | 23.954 % | £73,060 | £378,060 |
| 3 Month Average | 7.822 % | £23,856 | £328,856 |
| 6 Month Average | 2.131 % | £6,499 | £311,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £735,000 | £735,000 | 4 WAVERLEY WAY |
| 17 Aug 2023 | £686,001 | £680,000 | 109A NASH GROVE LANE |
| 17 Jan 2023 | £452,867 | £455,000 | 6 GARSTON GROVE |
| 22 Apr 2022 | £592,134 | £575,000 | 22 GOLDSMITH CLOSE |
| 5 Jan 2022 | £468,322 | £445,000 | 29 WAVERLEY WAY |
This house has a floor area of 58 sq meters or 632 sq feet when measured on 2 Jul 2009. Using an estimated price of £399,936 means this house is valued at £6,801 per sq meter (£631 per sq foot).
The average size of a house on GOLDSMITH CLOSE is 96 sq meters (1,040 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (632 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merryweather Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Merryweather Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Merryweather Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Nash Grove Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Lea |