£738,087
This estimated value is based upon the latest sale price for the house of £605,000 on 16 Jun 2020. 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 |
|---|---|
| £605,000 | 16 Jun 2020 |
| £292,500 | 4 May 2001 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2020 the House Price Index for WOKINGHAM was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £605,000 results in an estimated price of approximately £738,087.
| 16 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £605,000 | £133,087 | £738,087 |
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 | -39.860 % | £-241,152 | £363,847 |
| 3 Month Average | -0.990 % | £-5,991 | £599,008 |
| 6 Month Average | 3.340 % | £20,207 | £625,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £443,632 | £430,000 | 12 JERRYMOOR HILL |
| 24 Oct 2023 | £808,359 | £790,000 | LAVENDER COTTAGE, 353 FINCHAMPSTEAD ROAD |
| 15 Aug 2023 | £499,000 | £490,000 | 40 JERRYMOOR HILL |
| 22 Feb 2023 | £427,858 | £425,000 | 71 JERRYMOOR HILL |
| 13 Feb 2023 | £503,362 | £500,000 | 34 JERRYMOOR HILL |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 20 Apr 2017. Using an estimated price of £738,088 means this house is valued at £5,125 per sq meter (£476 per sq foot).
There is one other house on the street which we know the size of, this is 1 WASHINGTON GARDENS it is 134.76
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Washington Gardens |
| Jul 2024 | Other theft | Under investigation | On or near B3016 |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jerrymoor Hill |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wild Briar |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Tickenor Drive |