£530,428
This estimated value is based upon the latest sale price for the house of £397,500 on 27 Oct 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 |
|---|---|
| £397,500 | 27 Oct 2016 |
| £199,000 | 8 Aug 2005 |
| 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 October 2016 the House Price Index for WOKINGHAM was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £397,500 results in an estimated price of approximately £530,428.
| 27 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £397,500 | £132,928 | £530,428 |
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 | -30.326 % | £-120,544 | £276,955 |
| 3 Month Average | -3.039 % | £-12,081 | £385,418 |
| 6 Month Average | 0.806 % | £3,204 | £400,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2022 | £622,084 | £622,500 | 16 CHIVERS DRIVE |
| 12 Aug 2022 | £753,523 | £750,000 | LITTLE ACRES GORSE RIDE NORTH |
| 18 Feb 2022 | £723,673 | £685,000 | 1 GORSE RIDE NORTH |
| 26 Jan 2022 | £758,042 | £715,000 | 110 BARKHAM RIDE |
| 24 Nov 2021 | £773,559 | £710,000 | 122A BARKHAM RIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Drake Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Drake Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Chivers Drive |
| May 2024 | Anti-social behaviour | On or near Watkins Close | |
| May 2024 | Anti-social behaviour | On or near Watkins Close |