£948,931
This estimated value is based upon the latest sale price for the house of £598,000 on 18 Apr 2008. 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 |
|---|---|
| £598,000 | 18 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,223 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 April 2008 the House Price Index for WOKINGHAM was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £598,000 results in an estimated price of approximately £948,931.
| 18 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £598,000 | £350,931 | £948,931 |
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 | 69.544 % | £415,870 | £1,013,870 |
| 3 Month Average | 72.303 % | £432,374 | £1,030,374 |
| 6 Month Average | 61.753 % | £369,284 | £967,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £416,645 | £413,000 | 12 MOUNT PLEASANT |
| 11 Aug 2023 | £438,839 | £435,000 | 11 IMPERIAL COURT READING ROAD |
| 27 Jul 2023 | £430,798 | £425,000 | 21 MOUNT PLEASANT |
| 25 Jul 2023 | £572,708 | £565,000 | 26 MOUNT PLEASANT |
| 24 Feb 2023 | £524,647 | £525,000 | 17 ALDERMAN WILLEY CLOSE |
This house has a floor area of 113 sq meters or 1,223 sq feet when measured on 28 Oct 2008. Using an estimated price of £948,932 means this house is valued at £8,345 per sq meter (£775 per sq foot).
The average size of a house on READING ROAD is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Station Approach |