£898,928
This estimated value is based upon the latest sale price for the house of £530,000 on 22 Jun 2012. 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 |
|---|---|
| £530,000 | 22 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,904 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 June 2012 the House Price Index for WOKINGHAM was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £530,000 results in an estimated price of approximately £898,928.
| 22 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £530,000 | £368,928 | £898,928 |
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 | 67.294 % | £356,657 | £886,657 |
| 3 Month Average | 68.344 % | £362,220 | £892,220 |
| 6 Month Average | 63.260 % | £335,276 | £865,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £431,387 | £425,000 | 1 MEADOW WAY |
| 11 Aug 2023 | £492,307 | £488,000 | 14 MANSFIELD ROAD |
| 24 Feb 2023 | £579,610 | £580,000 | 4 MEADOW WALK |
| 3 Aug 2022 | £518,604 | £520,000 | 24 CURL WAY |
| 28 Jun 2022 | £158,236 | £156,000 | 9A WOOSEHILL LANE |
This house has a floor area of 176 sq meters or 1,904 sq feet when measured on 17 Jan 2012. Using an estimated price of £898,929 means this house is valued at £5,081 per sq meter (£472 per sq foot).
The average size of a house on MEADOW ROAD is 143 sq meters (1,548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Woosehill Lane | |
| Apr 2024 | Anti-social behaviour | On or near Woosehill Lane | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Bucks Copse |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bucks Copse |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Bucks Copse |