£626,372
This estimated value is based upon the latest sale price for the house of £463,000 on 24 May 2016. 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 |
|---|---|
| £463,000 | 24 May 2016 |
| £350,000 | 30 Apr 2013 |
| £375,000 | 9 Jan 2013 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 May 2016 the House Price Index for WOKINGHAM was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £463,000 results in an estimated price of approximately £626,372.
| 24 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £463,000 | £163,372 | £626,372 |
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 | -43.574 % | £-201,745 | £261,254 |
| 3 Month Average | 1.593 % | £7,373 | £470,373 |
| 6 Month Average | 14.065 % | £65,119 | £528,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £482,969 | £472,000 | 6 NORTON ROAD |
| 30 Oct 2023 | £463,016 | £452,500 | 7 GIPSY LANE |
| 31 Aug 2023 | £333,515 | £327,500 | FLAT 9 MULBERRY HOUSE, 2 CAREY ROAD |
| 20 Apr 2023 | £392,338 | £385,000 | 10 DAVY CLOSE |
| 3 Apr 2023 | £417,815 | £410,000 | 17 DAVY CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 27 Nov 2015. Using an estimated price of £626,372 means this house is valued at £5,746 per sq meter (£533 per sq foot).
The average size of a house on CAREY ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carey Road |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road |