£954,843
This estimated value is based upon the latest sale price for the house of £415,000 on 21 Aug 2003. 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 |
|---|---|
| £415,000 | 21 Aug 2003 |
| Detached |
| 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 August 2003 the House Price Index for WOKINGHAM was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £415,000 results in an estimated price of approximately £954,843.
| 21 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £415,000 | £539,843 | £954,843 |
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 | 75.971 % | £315,281 | £730,281 |
| 3 Month Average | 80.549 % | £334,276 | £749,276 |
| 6 Month Average | 89.729 % | £372,375 | £787,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £867,590 | £860,000 | 6 REDGAUNTLET |
| 17 Aug 2023 | £882,722 | £875,000 | 36 CHURCH HAMS |
| 4 Aug 2023 | £918,031 | £910,000 | 25 CHURCH HAMS |
| 21 Nov 2022 | £933,690 | £945,000 | 34 MANOR PARK DRIVE |
| 19 Oct 2021 | £1,023,492 | £925,000 | 58 MANOR PARK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wimbushes |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wimbushes |
| Mar 2024 | Burglary | Under investigation | On or near Fernbank |
| Mar 2024 | Burglary | Under investigation | On or near Fernbank |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warren Lane |