£643,883
This estimated value is based upon the latest sale price for the house of £525,000 on 6 Nov 2019. 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 | 6 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 November 2019 the House Price Index for WOKINGHAM was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £525,000 results in an estimated price of approximately £643,883.
| 6 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £525,000 | £118,883 | £643,883 |
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 | 13.227 % | £69,439 | £594,439 |
| 3 Month Average | -7.227 % | £-37,939 | £487,060 |
| 6 Month Average | -2.938 % | £-15,426 | £509,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £1,437,576 | £1,425,000 | 11 WILDCROFT DRIVE |
| 14 Feb 2023 | £674,546 | £675,000 | 1 CROFT ROAD |
| 20 Jul 2022 | £563,517 | £562,000 | 5 PINECROFT ROAD |
| 29 Apr 2022 | £772,349 | £750,000 | 12 RUSSLEY GREEN |
| 11 Jan 2022 | £1,420,751 | £1,350,000 | 22 WILDCROFT DRIVE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 5 Feb 2019. Using an estimated price of £643,884 means this house is valued at £5,192 per sq meter (£482 per sq foot).
The average size of a house on CROFT ROAD is 149 sq meters (1,610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Croft Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croft Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Wildcroft Drive |
| Apr 2024 | Burglary | Under investigation | On or near Wildcroft Drive |