£404,264
This estimated value is based upon the latest sale price for the house of £265,000 on 12 Aug 2014. 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 |
|---|---|
| £265,000 | 12 Aug 2014 |
| £194,950 | 1 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2014 the House Price Index for WOKINGHAM was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £265,000 results in an estimated price of approximately £404,264.
| 12 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £265,000 | £139,264 | £404,264 |
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 | -18.514 % | £-49,062 | £215,937 |
| 3 Month Average | 42.804 % | £113,430 | £378,430 |
| 6 Month Average | 49.827 % | £132,042 | £397,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £392,022 | £385,999 | 14 ORMONDE ROAD |
| 10 Nov 2023 | £384,767 | £375,000 | 41 TANHOUSE LANE |
| 15 Nov 2022 | £870,928 | £875,000 | 67 BARKHAM ROAD |
| 4 Nov 2022 | £433,971 | £436,000 | 43 ORMONDE ROAD |
| 28 Jul 2022 | £244,449 | £242,000 | FLAT 4 COPSE HOUSE BUCKS COPSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 31 Mar 2014. Using an estimated price of £404,265 means this house is valued at £5,390 per sq meter (£500 per sq foot).
The average size of a house on ORMONDE ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Tanhouse Lane |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area |