£578,463
This estimated value is based upon the latest sale price for the house of £465,000 on 7 Sep 2018. 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 |
---|---|
£465,000 | 7 Sep 2018 |
£301,700 | 14 Apr 2008 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 September 2018 the House Price Index for WOKINGHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £465,000 results in an estimated price of approximately £578,463.
7 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £465,000 | £113,463 | £578,463 |
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 | -21.658 % | £-100,710 | £364,289 |
3 Month Average | 10.492 % | £48,786 | £513,786 |
6 Month Average | 9.471 % | £44,040 | £509,040 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £593,229 | £575,000 | 14 WOOSEHILL LANE |
15 Dec 2023 | £309,511 | £300,000 | 13 MINSTER GROVE |
30 Oct 2023 | £690,687 | £675,000 | 1 PERKINS WAY |
11 Aug 2023 | £496,963 | £488,000 | 14 MANSFIELD ROAD |
16 Mar 2023 | £564,426 | £555,000 | 73 WOOSEHILL LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Mar 2018. Using an estimated price of £578,463 means this house is valued at £6,220 per sq meter (£577 per sq foot).
The average size of a house on WOOSEHILL LANE is 113 sq meters (1,224 sq feet).
Date | Crime | Outcome | Where |
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May 2024 | Anti-social behaviour | On or near Woosehill Lane | |
May 2024 | Anti-social behaviour | On or near Woosehill Lane | |
May 2024 | Anti-social behaviour | On or near Woosehill Lane | |
Apr 2024 | Anti-social behaviour | On or near Woosehill Lane | |
Apr 2024 | Anti-social behaviour | On or near Woosehill Lane |