£452,655
This estimated value is based upon the latest sale price for the house of £93,500 on 27 Feb 1998. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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23 Market Place, Wokingham, RG40 1AP
Phone: 01184438912
| Price Paid | Date |
|---|---|
| £93,500 | 27 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 762 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 1998 the House Price Index for WOKINGHAM was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £93,500 results in an estimated price of approximately £452,655.
| 27 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 149.7 | 384.123 % | £93,500 | £359,155 | £452,655 |
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 | 109.499 % | £102,381 | £195,881 |
| 3 Month Average | 247.789 % | £231,682 | £325,182 |
| 6 Month Average | 284.803 % | £266,290 | £359,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £685,000 | £685,000 | 3A LANGBOROUGH ROAD |
| 30 Oct 2023 | £482,969 | £472,000 | 6 NORTON ROAD |
| 30 Oct 2023 | £463,016 | £452,500 | 7 GIPSY LANE |
| 31 Aug 2023 | £333,515 | £327,500 | FLAT 9 MULBERRY HOUSE, 2 CAREY ROAD |
| 14 Apr 2023 | £407,624 | £400,000 | 6 GIPSY LANE |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 28 Feb 2012. Using an estimated price of £452,655 means this house is valued at £6,392 per sq meter (£593 per sq foot).
The average size of a house on GIPSY LANE is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carey Road |
| Jun 2024 | Anti-social behaviour | On or near Norton Road | |
| Jun 2024 | Anti-social behaviour | On or near Norton Road | |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norton Road |