£1,475,576
This estimated value is based upon the latest sale price for the house of £1,100,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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The Oaks, Roundabout Lane, Winnersh, RG41 5AE
Phone: 01184438710
| Price Paid | Date |
|---|---|
| £1,100,000 | 8 Jul 2016 |
| £440,000 | 31 Mar 2006 |
| £450,000 | 16 Nov 2004 |
| Detached |
| Freehold |
| Floor Area: 338 sq meters or 3,638 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 July 2016 the House Price Index for WOKINGHAM was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,475,576.
| 8 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £1,100,000 | £375,576 | £1,475,576 |
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 | -35.494 % | £-390,438 | £709,561 |
| 3 Month Average | 4.635 % | £50,980 | £1,150,980 |
| 6 Month Average | 10.104 % | £111,149 | £1,211,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £642,883 | £630,000 | 1 WINDMILL AVENUE |
| 2 Jun 2023 | £1,632,720 | £1,600,000 | LITTLE SPINFIELD, 12 CHESTNUT AVENUE |
| 14 Oct 2022 | £752,487 | £755,000 | 37 WINDMILL AVENUE |
| 27 Jun 2022 | £1,204,581 | £1,178,832 | 28 CHESTNUT AVENUE |
| 15 Jun 2022 | £577,341 | £565,000 | 47 WINDMILL AVENUE |
This house has a floor area of 338 sq meters or 3,638 sq feet when measured on 8 Dec 2015. Using an estimated price of £1,475,576 means this house is valued at £4,365 per sq meter (£405 per sq foot).
The average size of a house on CHESTNUT AVENUE is 173 sq meters (1,868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Chestnut Avenue |
| Jun 2024 | Other crime | Under investigation | On or near Chestnut Avenue |
| May 2024 | Other crime | Under investigation | On or near Astley Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scots Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Woosehill Lane |