£716,704
This estimated value is based upon the latest sale price for the house of £525,000 on 18 Feb 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 |
|---|---|
| £525,000 | 18 Feb 2016 |
| £415,000 | 1 Jun 2012 |
| 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 2016 the House Price Index for WOKINGHAM was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £525,000 results in an estimated price of approximately £716,704.
| 18 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £525,000 | £191,704 | £716,704 |
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 | 28.054 % | £147,284 | £672,284 |
| 3 Month Average | 12.328 % | £64,722 | £589,722 |
| 6 Month Average | 13.810 % | £72,501 | £597,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £565,227 | £558,000 | 26 WINDSOR RIDE |
| 13 Sep 2023 | £20,259 | £20,000 | 409 FINCHAMPSTEAD ROAD |
| 1 Sep 2023 | £425,440 | £420,000 | 3 BANKSIDE |
| 16 Aug 2023 | £857,502 | £850,000 | 1 SUMMIT CLOSE |
| 28 Jul 2023 | £380,116 | £375,000 | 4 BANKSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Summit Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vicarage Close |
| Apr 2024 | Robbery | Under investigation | On or near Nine Mile Ride |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vicarage Close |
| Mar 2024 | Public order | Under investigation | On or near Vicarage Close |