£632,217
This estimated value is based upon the latest sale price for the house of £400,000 on 29 Aug 2007. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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23 Market Place, Wokingham, RG40 1AP
Phone: 01184438912
| Price Paid | Date |
|---|---|
| £400,000 | 29 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 2007 the House Price Index for WOKINGHAM was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £400,000 results in an estimated price of approximately £632,217.
| 29 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £400,000 | £232,217 | £632,217 |
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 | -6.325 % | £-25,301 | £374,698 |
| 3 Month Average | 39.114 % | £156,455 | £556,455 |
| 6 Month Average | 47.359 % | £189,434 | £589,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £685,000 | £685,000 | 3A LANGBOROUGH ROAD |
| 24 Nov 2023 | £325,256 | £317,000 | 52A LANGBOROUGH ROAD |
| 25 Apr 2023 | £764,295 | £750,000 | 42 GIPSY LANE |
| 3 Apr 2023 | £371,957 | £365,000 | 11A LANGBOROUGH ROAD |
| 24 Feb 2023 | £387,589 | £385,000 | 23 LANGBOROUGH ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 26 Feb 2014. Using an estimated price of £632,217 means this house is valued at £4,421 per sq meter (£410 per sq foot).
The average size of a house on GIPSY LANE is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairview Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carey Road |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road |