£861,244
This estimated value is based upon the latest sale price for the house of £825,000 on 25 Mar 2022. 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 |
|---|---|
| £825,000 | 25 Mar 2022 |
| £652,500 | 11 Dec 2018 |
| Detached |
| 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 March 2022 the House Price Index for WOKINGHAM was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £825,000 results in an estimated price of approximately £861,244.
| 25 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £825,000 | £36,244 | £861,244 |
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 | -48.275 % | £-398,266 | £426,733 |
| 3 Month Average | -7.839 % | £-64,671 | £760,328 |
| 6 Month Average | -7.722 % | £-63,708 | £761,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £388,373 | £385,000 | 25 ST JAMES ROAD |
| 10 Aug 2023 | £428,733 | £421,000 | 7 ST JAMES ROAD |
| 1 Jun 2023 | £897,996 | £880,000 | 15 GARRETT ROAD |
| 24 Oct 2022 | £413,618 | £415,000 | 1 ST JAMES ROAD |
| 29 Jun 2022 | £757,186 | £741,000 | 2 ST JAMES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Garrett Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Thomas Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St James Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ditchfield Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ditchfield Lane |