£556,189
This estimated value is based upon the latest sale price for the house of £456,000 on 15 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 |
---|---|
£456,000 | 15 Jan 2020 |
£370,000 | 6 Feb 2015 |
£159,950 | 31 Mar 2000 |
Semi-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 January 2020 the House Price Index for WOKINGHAM was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £456,000 results in an estimated price of approximately £556,189.
15 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £456,000 | £100,189 | £556,189 |
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 | 38.850 % | £177,155 | £633,155 |
3 Month Average | 25.566 % | £116,582 | £572,582 |
6 Month Average | 10.187 % | £46,452 | £502,452 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £458,014 | £450,000 | 19 GORRICK SQUARE |
22 Sep 2023 | £435,569 | £430,000 | 11 TANGLEY DRIVE |
30 Mar 2023 | £644,068 | £638,000 | 154 FINCHAMPSTEAD ROAD |
21 Nov 2022 | £531,067 | £537,500 | 20 LUCKLEY ROAD |
29 Apr 2022 | £808,392 | £785,000 | 15 LUCKLEY WOOD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 24 Aug 2018. Using an estimated price of £556,190 means this house is valued at £4,449 per sq meter (£413 per sq foot).
The average size of a house on GORRICK SQUARE is 122 sq meters (1,321 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorrick Square |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorrick Square |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tangley Drive |
Apr 2024 | Other crime | Under investigation | On or near Luckley Road |
Jan 2024 | Burglary | Under investigation | On or near Beaver Close |