£846,509
This estimated value is based upon the latest sale price for the house of £625,000 on 1 Apr 2016. 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 |
|---|---|
| £625,000 | 1 Apr 2016 |
| £250,000 | 8 Mar 2012 |
| £249,000 | 18 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 2016 the House Price Index for WOKINGHAM was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £625,000 results in an estimated price of approximately £846,509.
| 1 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £625,000 | £221,509 | £846,509 |
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 | 43.803 % | £273,771 | £898,771 |
| 3 Month Average | 34.645 % | £216,532 | £841,532 |
| 6 Month Average | 19.048 % | £119,050 | £744,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £743,000 | £730,000 | 70 READING ROAD |
| 18 Jul 2023 | £414,580 | £409,000 | 13 ST PAULS GATE |
| 15 Mar 2023 | £1,261,889 | £1,250,000 | 87 OXFORD ROAD |
| 16 Sep 2022 | £397,788 | £401,000 | 17 ST PAULS GATE |
| 15 Jul 2022 | £679,329 | £677,500 | 16 LARCH AVENUE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 24 Sep 2014. Using an estimated price of £846,510 means this house is valued at £5,838 per sq meter (£542 per sq foot).
The average size of a house on READING ROAD is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near St Paul'S Gate | |
| Apr 2024 | Public order | Under investigation | On or near St Paul'S Gate |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawkes Close |