£319,473
This estimated value is based upon the latest sale price for the house of £260,000 on 3 Jan 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 |
|---|---|
| £260,000 | 3 Jan 2020 |
| £280,000 | 11 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 January 2020 the House Price Index for WOKINGHAM was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £260,000 results in an estimated price of approximately £319,473.
| 3 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £260,000 | £59,473 | £319,473 |
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 | -16.595 % | £-43,145 | £216,854 |
| 3 Month Average | 13.693 % | £35,601 | £295,601 |
| 6 Month Average | 5.772 % | £15,006 | £275,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £154,845 | £153,500 | 20 LATIMER ROAD |
| 5 Dec 2023 | £242,450 | £235,000 | FLAT 2 QUEENS GATE WELLINGTON ROAD |
| 28 Nov 2023 | £613,062 | £597,500 | 19 BARKHAM ROAD |
| 16 Oct 2023 | £716,268 | £700,000 | 32 WELLINGTON ROAD |
| 6 Sep 2023 | £255,635 | £250,000 | FLAT 10 QUEENS GATE WELLINGTON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Jan 2019. Using an estimated price of £319,473 means this house is valued at £4,698 per sq meter (£436 per sq foot).
The average size of a house on LATIMER ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Latimer Road | |
| Jun 2024 | Anti-social behaviour | On or near Latimer Road | |
| May 2024 | Other crime | Further investigation is not in the public interest | On or near Latimer Road |
| May 2024 | Other crime | Investigation complete; no suspect identified | On or near Latimer Road |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area |