£342,290
This estimated value is based upon the latest sale price for the house of £201,000 on 28 Sep 2012. 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 |
|---|---|
| £201,000 | 28 Sep 2012 |
| £73,000 | 21 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2012 the House Price Index for WOKINGHAM was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £201,000 results in an estimated price of approximately £342,290.
| 28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £201,000 | £141,290 | £342,290 |
The Postcode Pricing Model uses changes in average sales price within the RG41 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 | 71.877 % | £144,473 | £345,473 |
| 3 Month Average | 78.773 % | £158,333 | £359,333 |
| 6 Month Average | 61.953 % | £124,525 | £325,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2022 | £430,782 | £436,000 | 43 ORMONDE ROAD |
| 28 Jul 2022 | £242,653 | £242,000 | FLAT 4 COPSE HOUSE BUCKS COPSE |
| 22 Jul 2022 | £376,012 | £375,000 | 18 BARKHAM ROAD |
| 19 May 2022 | £239,513 | £235,000 | FLAT 5 COPSE HOUSE BUCKS COPSE |
| 8 Apr 2022 | £360,430 | £350,000 | 24 TANHOUSE LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Jul 2013. Using an estimated price of £342,290 means this house is valued at £4,688 per sq meter (£435 per sq foot).
The average size of a house on ORMONDE ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Ormonde Road | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Ormonde Road |
| Feb 2024 | Anti-social behaviour | On or near Ormonde Road | |
| Feb 2024 | Anti-social behaviour | On or near Ormonde Road | |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area |