£504,205
This estimated value is based upon the latest sale price for the house of £389,000 on 27 Mar 2017. 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 |
|---|---|
| £389,000 | 27 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 March 2017 the House Price Index for WOKINGHAM was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £389,000 results in an estimated price of approximately £504,205.
| 27 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £389,000 | £115,205 | £504,205 |
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 | 33.491 % | £130,279 | £519,279 |
| 3 Month Average | 22.746 % | £88,481 | £477,481 |
| 6 Month Average | 9.593 % | £37,316 | £426,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £646,308 | £635,000 | 1 JUTLAND CLOSE |
| 17 Nov 2023 | £537,965 | £530,000 | 9 BLENHEIM CLOSE |
| 22 Aug 2023 | £181,589 | £180,000 | 4 AQUILA CLOSE |
| 14 Aug 2023 | £383,354 | £380,000 | 3 TAMAR WAY |
| 7 Jul 2023 | £380,116 | £375,000 | 19 DERWENT CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 Dec 2016. Using an estimated price of £504,206 means this house is valued at £5,421 per sq meter (£503 per sq foot).
The average size of a house on MERCURY AVENUE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Aquila Close |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Derwent Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jupiter Way |
| Feb 2024 | Anti-social behaviour | On or near Antares Close | |
| Feb 2024 | Anti-social behaviour | On or near Antares Close |