£423,652
This estimated value is based upon the latest sale price for the house of £244,000 on 25 Nov 2011. 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 |
---|---|
£244,000 | 25 Nov 2011 |
£249,950 | 4 Aug 2006 |
£245,000 | 17 Feb 2003 |
£64,950 | 20 Dec 2001 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 2011 the House Price Index for WOKINGHAM was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £244,000 results in an estimated price of approximately £423,652.
25 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £244,000 | £179,652 | £423,652 |
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 | -10.391 % | £-25,354 | £218,645 |
3 Month Average | 37.926 % | £92,539 | £336,539 |
6 Month Average | 44.625 % | £108,884 | £352,884 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £238,667 | £235,000 | FLAT 34 OAKEY DRIVE |
15 Dec 2023 | £245,029 | £237,500 | 36 OAKEY DRIVE |
1 Dec 2023 | £168,167 | £163,000 | FLAT 15 LANDEN COURT FINCHAMPSTEAD ROAD |
3 Nov 2023 | £172,376 | £168,000 | FLAT 26 LANDEN COURT FINCHAMPSTEAD ROAD |
15 Sep 2023 | £173,832 | £170,000 | FLAT 18 LANDEN COURT FINCHAMPSTEAD ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 22 Mar 2019. Using an estimated price of £423,653 means this house is valued at £5,166 per sq meter (£479 per sq foot).
The average size of a house on OAKEY DRIVE is 89 sq meters (967 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
May 2024 | Anti-social behaviour | On or near Parking Area | |
May 2024 | Anti-social behaviour | On or near Parking Area | |
May 2024 | Anti-social behaviour | On or near Parking Area | |
Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Parking Area |