£438,889
This estimated value is based upon the latest sale price for the house of £118,000 on 28 Jul 2000. 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 |
|---|---|
| £118,000 | 28 Jul 2000 |
| £79,000 | 28 Nov 1997 |
| Terraced |
| Freehold |
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 2000 the House Price Index for WOKINGHAM was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £118,000 results in an estimated price of approximately £438,889.
| 28 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £118,000 | £320,889 | £438,889 |
The Postcode Pricing Model uses changes in average sales price within the RG40 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 | 112.586 % | £132,851 | £250,851 |
| 3 Month Average | 125.816 % | £148,462 | £266,462 |
| 6 Month Average | 146.661 % | £173,059 | £291,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £351,144 | £345,000 | 111 ROYCROFT LANE |
| 30 Aug 2023 | £353,038 | £349,950 | 3 ROYCROFT LANE |
| 10 Aug 2023 | £424,716 | £421,000 | 7 ST JAMES ROAD |
| 3 Jul 2023 | £408,498 | £403,000 | 19 DITCHFIELD LANE |
| 3 Feb 2023 | £319,785 | £320,000 | 8 ROYCROFT LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Roycroft Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Roycroft Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roycroft Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ditchfield Lane |
| Mar 2024 | Anti-social behaviour | On or near Thomas Lane |