£277,537
This estimated value is based upon the latest sale price for the house of £159,000 on 12 May 2006. 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 |
|---|---|
| £159,000 | 12 May 2006 |
| Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 May 2006 the House Price Index for WOKINGHAM was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £159,000 results in an estimated price of approximately £277,537.
| 12 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £159,000 | £118,537 | £277,537 |
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 | 68.469 % | £108,865 | £267,865 |
| 3 Month Average | 72.815 % | £115,775 | £274,775 |
| 6 Month Average | 73.844 % | £117,412 | £276,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £248,682 | £245,000 | 29 IMPERIAL COURT READING ROAD |
| 11 Aug 2023 | £438,839 | £435,000 | 11 IMPERIAL COURT READING ROAD |
| 20 Jul 2023 | £253,411 | £250,000 | FLAT C SALISBURY LODGE, 20 STATION ROAD |
| 28 Apr 2023 | £540,823 | £535,000 | 4 PARK ROAD |
| 24 Feb 2023 | £524,647 | £525,000 | 17 ALDERMAN WILLEY CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 4 Apr 2019. Using an estimated price of £277,538 means this house is valued at £5,441 per sq meter (£505 per sq foot).
The average size of a house on STATION ROAD is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Station Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Station Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Station Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Station Road |