£1,293,314
This estimated value is based upon the latest sale price for the house of £238,000 on 6 Dec 1996. 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 |
|---|---|
| £238,000 | 6 Dec 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 December 1996 the House Price Index for WOKINGHAM was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £238,000 results in an estimated price of approximately £1,293,314.
| 6 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 149.7 | 443.410 % | £238,000 | £1,055,314 | £1,293,314 |
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 | 144.730 % | £344,458 | £582,458 |
| 3 Month Average | 290.984 % | £692,540 | £930,540 |
| 6 Month Average | 335.479 % | £798,438 | £1,036,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £625,445 | £615,000 | 287 NINE MILE RIDE |
| 11 Jan 2023 | £451,206 | £450,000 | PENHALLOW KILN RIDE EXTENSION |
| 25 Aug 2022 | £1,105,168 | £1,100,000 | 19 TOMLINSON DRIVE |
| 24 Jun 2022 | £699,962 | £685,000 | 99 KILN RIDE |
| 8 Feb 2022 | £871,577 | £825,000 | YORK HOUSE KILN RIDE EXTENSION |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tomlinson Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tomlinson Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tomlinson Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Kiln Ride Extension |
| May 2024 | Violence and sexual offences | Under investigation | On or near Kiln Ride Extension |