£351,597
This estimated value is based upon the latest sale price for the house of £123,000 on 26 Jun 2002. 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 |
---|---|
£123,000 | 26 Jun 2002 |
£42,950 | 19 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 450 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 June 2002 the House Price Index for WOKINGHAM was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £123,000 results in an estimated price of approximately £351,597.
26 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 148.6 | 185.852 % | £123,000 | £228,597 | £351,597 |
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 | 138.310 % | £170,121 | £293,121 |
3 Month Average | 149.457 % | £183,832 | £306,832 |
6 Month Average | 137.092 % | £168,622 | £291,622 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £380,635 | £375,000 | 41 TANHOUSE LANE |
15 Nov 2022 | £864,528 | £875,000 | 67 BARKHAM ROAD |
4 Nov 2022 | £430,782 | £436,000 | 43 ORMONDE ROAD |
28 Jul 2022 | £242,653 | £242,000 | FLAT 4 COPSE HOUSE BUCKS COPSE |
19 May 2022 | £239,513 | £235,000 | FLAT 5 COPSE HOUSE BUCKS COPSE |
This house has a floor area of 41 sq meters or 450 sq feet when measured on 28 Jul 2009. Using an estimated price of £351,598 means this house is valued at £8,403 per sq meter (£780 per sq foot).
The average size of a house on TANHOUSE LANE is 74 sq meters (799 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (450 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tanhouse Lane |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Bucks Copse |
Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Bucks Copse |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bucks Copse |
Feb 2024 | Anti-social behaviour | On or near Ormonde Road |