£573,614
This estimated value is based upon the latest sale price for the house of £465,000 on 13 Dec 2018. 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 |
|---|---|
| £465,000 | 13 Dec 2018 |
| £500,000 | 13 Dec 2018 |
| £333,800 | 19 Jul 2013 |
| £262,000 | 24 Oct 2003 |
| £103,000 | 9 Jun 2000 |
| £98,000 | 5 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 December 2018 the House Price Index for WOKINGHAM was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £465,000 results in an estimated price of approximately £573,614.
| 13 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £465,000 | £108,614 | £573,614 |
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 | 13.754 % | £63,955 | £528,955 |
| 3 Month Average | 21.249 % | £98,807 | £563,807 |
| 6 Month Average | 14.489 % | £67,374 | £532,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £585,240 | £575,000 | 14 WOOSEHILL LANE |
| 15 Dec 2023 | £305,342 | £300,000 | 13 MINSTER GROVE |
| 11 Aug 2023 | £492,307 | £488,000 | 14 MANSFIELD ROAD |
| 18 Jul 2023 | £542,299 | £535,000 | 31 WOOSEHILL LANE |
| 16 Mar 2023 | £560,279 | £555,000 | 73 WOOSEHILL LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 27 Oct 2017. Using an estimated price of £573,614 means this house is valued at £5,167 per sq meter (£480 per sq foot).
The average size of a house on WOOSEHILL LANE is 113 sq meters (1,224 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Woosehill Lane | |
| Apr 2024 | Anti-social behaviour | On or near Woosehill Lane | |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Anti-social behaviour | On or near Fernlea Drive |