£701,037
This estimated value is based upon the latest sale price for the house of £149,000 on 24 Jul 1998. 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 |
|---|---|
| £149,000 | 24 Jul 1998 |
| Detached |
| Freehold |
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 July 1998 the House Price Index for WOKINGHAM was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £149,000 results in an estimated price of approximately £701,037.
| 24 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £149,000 | £552,037 | £701,037 |
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 | 131.608 % | £196,095 | £345,095 |
| 3 Month Average | 217.533 % | £324,124 | £473,124 |
| 6 Month Average | 249.207 % | £371,318 | £520,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £448,898 | £445,000 | 15 GORSE RIDE SOUTH |
| 28 Mar 2024 | £307,220 | £302,500 | 11 ORBIT CLOSE |
| 18 Mar 2024 | £324,993 | £320,000 | 11 BILLING AVENUE |
| 18 Aug 2023 | £509,184 | £500,000 | 11 GORSE RIDE SOUTH |
| 25 Jan 2023 | £345,924 | £345,000 | 9 ORBIT CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gorse Ride South |
| Jun 2024 | Anti-social behaviour | On or near Gorse Ride South | |
| Jun 2024 | Anti-social behaviour | On or near Gorse Ride South | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Ride South |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Ride South |