£598,272
This estimated value is based upon the latest sale price for the house of £510,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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9 Broad Street, Wokingham, RG40 1AU
Phone: 01184439270
| Price Paid | Date |
|---|---|
| £510,000 | 16 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 October 2020 the House Price Index for WOKINGHAM was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £510,000 results in an estimated price of approximately £598,272.
| 16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £510,000 | £88,272 | £598,272 |
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 | 4.120 % | £21,009 | £531,009 |
| 3 Month Average | 51.302 % | £261,637 | £771,637 |
| 6 Month Average | 34.673 % | £176,831 | £686,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £422,390 | £415,000 | 64 VALLEY CRESCENT |
| 15 Dec 2023 | £481,423 | £473,000 | 56 SEWELL AVENUE |
| 28 Jul 2023 | £516,958 | £510,000 | 63 MARKS ROAD |
| 30 Jun 2023 | £531,437 | £525,000 | 23 MARKS ROAD |
| 10 Mar 2023 | £625,897 | £620,000 | 71 MARKS ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 7 Aug 2020. Using an estimated price of £598,272 means this house is valued at £4,532 per sq meter (£421 per sq foot).
The average size of a house on MARKS ROAD is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rise |
| Feb 2024 | Anti-social behaviour | On or near The Rise | |
| Feb 2024 | Anti-social behaviour | On or near The Rise | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mill Close |