£635,774
This estimated value is based upon the latest sale price for the house of £469,950 on 27 May 2016. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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The Oaks, Roundabout Lane, Winnersh, RG41 5AE
Phone: 01184438710
| Price Paid | Date |
|---|---|
| £469,950 | 27 May 2016 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 £469,950 results in an estimated price of approximately £635,774.
| 27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £469,950 | £165,824 | £635,774 |
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 | -39.929 % | £-187,648 | £282,301 |
| 3 Month Average | 12.519 % | £58,835 | £528,785 |
| 6 Month Average | 11.514 % | £54,108 | £524,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £514,468 | £510,000 | 50 SCOTS DRIVE |
| 15 Mar 2024 | £457,022 | £450,000 | 26 SCOTS DRIVE |
| 14 Dec 2023 | £619,021 | £600,000 | 62 SCOTS DRIVE |
| 17 Jan 2023 | £723,934 | £722,000 | 18 WALTER ROAD |
| 12 May 2022 | £462,037 | £450,000 | 7 EMERALD CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Feb 2016. Using an estimated price of £635,775 means this house is valued at £6,910 per sq meter (£642 per sq foot).
The average size of a house on NORTHWAY is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Chestnut Avenue |
| Jun 2024 | Other crime | Under investigation | On or near Chestnut Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scots Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tigerseye Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tigerseye Close |