£959,282
This estimated value is based upon the latest sale price for the house of £740,000 on 8 May 2017. 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 |
---|---|
£740,000 | 8 May 2017 |
£445,000 | 15 Oct 2004 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 2017 the House Price Index for WOKINGHAM was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £740,000 results in an estimated price of approximately £959,282.
8 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £740,000 | £219,282 | £959,282 |
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 | -31.548 % | £-233,451 | £506,548 |
3 Month Average | 14.450 % | £106,933 | £846,933 |
6 Month Average | 2.907 % | £21,512 | £761,512 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £900,000 | £900,000 | 10 LUCKLEY WOOD |
22 Mar 2024 | £954,668 | £940,000 | 34 LUCKLEY WOOD |
7 Dec 2023 | £464,266 | £450,000 | 19 GORRICK SQUARE |
27 Oct 2023 | £915,800 | £895,000 | 2 LUCKLEY ROAD |
22 Sep 2023 | £439,693 | £430,000 | 11 TANGLEY DRIVE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 25 Oct 2016. Using an estimated price of £959,283 means this house is valued at £7,674 per sq meter (£712 per sq foot).
The average size of a house on LUCKLEY WOOD is 149 sq meters (1,605 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Luckley Road |
Apr 2024 | Other crime | Under investigation | On or near Luckley Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gorrick Square |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beaver Close |
May 2024 | Anti-social behaviour | On or near Hart Dyke Close |