£582,336
This estimated value is based upon the latest sale price for the house of £344,995 on 22 Feb 2013. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
There has been one burglary within the last year on or near Wellington Road
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2 Southgate House, Alexandra Court, Wokingham, RG40 2BJ
Phone: 01184430933
Price Paid | Date |
---|---|
£344,995 | 22 Feb 2013 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 February 2013 the House Price Index for WOKINGHAM was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £344,995 results in an estimated price of approximately £582,336.
22 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.796 % | £344,995 | £237,341 | £582,336 |
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 | 36.539 % | £126,056 | £471,051 |
3 Month Average | 36.654 % | £126,453 | £471,448 |
6 Month Average | 41.490 % | £143,138 | £488,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £478,370 | £470,000 | 12 OUTFIELD CRESCENT |
6 Nov 2023 | £289,283 | £285,000 | 34 OUTFIELD CRESCENT |
11 Sep 2023 | £314,015 | £310,000 | 20 OUTFIELD CRESCENT |
8 Sep 2023 | £506,476 | £500,000 | 42 OUTFIELD CRESCENT |
19 Jun 2023 | £278,372 | £275,000 | 161 OUTFIELD CRESCENT |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 7 Feb 2013. Using an estimated price of £582,337 means this house is valued at £4,893 per sq meter (£454 per sq foot).
The average size of a house on OUTFIELD CRESCENT is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellington Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Outfield Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Outfield Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Outfield Crescent |