£241,729
This estimated value is based upon the latest sale price for the house of £237,500 on 15 Dec 2023. 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 |
|---|---|
| £237,500 | 15 Dec 2023 |
| £198,000 | 21 Sep 2007 |
| £177,000 | 11 Nov 2005 |
| £142,950 | 23 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
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 December 2023 the House Price Index for WOKINGHAM was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £237,500 results in an estimated price of approximately £241,729.
| 15 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £237,500 | £4,229 | £241,729 |
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 | 23.180 % | £55,052 | £292,552 |
| 3 Month Average | -16.686 % | £-39,628 | £197,871 |
| 6 Month Average | -11.731 % | £-27,860 | £209,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £478,370 | £470,000 | 12 OUTFIELD CRESCENT |
| 11 Sep 2023 | £314,015 | £310,000 | 20 OUTFIELD CRESCENT |
| 8 Sep 2023 | £506,476 | £500,000 | 42 OUTFIELD CRESCENT |
| 21 Jul 2023 | £242,261 | £239,000 | FLAT 37 OAKEY DRIVE |
| 28 Apr 2023 | £386,158 | £382,000 | 71 OAKEY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |