£782,480
This estimated value is based upon the latest sale price for the house of £420,000 on 17 May 2005. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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9 Broad Street, Wokingham, RG40 1AU
Phone: 01184439270
| Price Paid | Date |
|---|---|
| £420,000 | 17 May 2005 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 May 2005 the House Price Index for WOKINGHAM was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £420,000 results in an estimated price of approximately £782,480.
| 17 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £420,000 | £362,480 | £782,480 |
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 | 15.063 % | £63,263 | £483,263 |
| 3 Month Average | 78.977 % | £331,702 | £751,702 |
| 6 Month Average | 79.275 % | £332,956 | £752,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £650,000 | £650,000 | 14 MATTHEWSGREEN ROAD |
| 23 Jun 2023 | £517,368 | £507,000 | 42 CANTLEY CRESCENT |
| 17 Jan 2023 | £982,626 | £980,000 | 14 MARTINS DRIVE |
| 22 Apr 2022 | £462,690 | £446,000 | 24 CANTLEY CRESCENT |
| 10 Jan 2022 | £243,846 | £230,000 | FLAT 26 THE CLOISTER WOOLF DRIVE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 7 Sep 2015. Using an estimated price of £782,480 means this house is valued at £5,433 per sq meter (£504 per sq foot).
The average size of a house on MARTINS DRIVE is 199 sq meters (2,143 sq feet).
This house is the smallest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Martins Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martins Drive |
| Jul 2024 | Burglary | Under investigation | On or near Jubilee Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cantley Crescent |