£1,153,358
This estimated value is based upon the latest sale price for the house of £240,000 on 11 Feb 1998. 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 |
|---|---|
| £240,000 | 11 Feb 1998 |
| £131,000 | 22 Oct 1996 |
| 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 February 1998 the House Price Index for WOKINGHAM was 30.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 380.566%.Applying this 380.566% change to the original purchase price of £240,000 results in an estimated price of approximately £1,153,358.
| 11 Feb 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 148.6 | 380.566 % | £240,000 | £913,358 | £1,153,358 |
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 | 245.208 % | £588,499 | £828,499 |
| 3 Month Average | 253.296 % | £607,910 | £847,910 |
| 6 Month Average | 279.169 % | £670,005 | £910,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £595,418 | £585,000 | 9 TICKENOR DRIVE |
| 29 Nov 2023 | £609,016 | £600,000 | 34 TICKENOR DRIVE |
| 8 Sep 2023 | £415,310 | £410,000 | 8 RADICAL RIDE |
| 25 Aug 2023 | £387,389 | £384,000 | 26 RADICAL RIDE |
| 28 Apr 2023 | £398,288 | £394,000 | 6 TICKENOR DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Radical Ride |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Birch Road |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Washington Gardens |
| Mar 2024 | Other crime | Under investigation | On or near Jerrymoor Hill |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Challenor Close |