£694,512
This estimated value is based upon the latest sale price for the house of £400,000 on 1 Nov 2011. 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 |
---|---|
£400,000 | 1 Nov 2011 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,383 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 November 2011 the House Price Index for WOKINGHAM was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £400,000 results in an estimated price of approximately £694,512.
1 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £400,000 | £294,512 | £694,512 |
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 | 7.084 % | £28,336 | £428,336 |
3 Month Average | 50.291 % | £201,163 | £601,163 |
6 Month Average | 46.057 % | £184,226 | £584,226 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £593,229 | £575,000 | 14 WOOSEHILL LANE |
30 Oct 2023 | £690,687 | £675,000 | 1 PERKINS WAY |
11 Aug 2023 | £496,963 | £488,000 | 14 MANSFIELD ROAD |
16 Mar 2023 | £564,426 | £555,000 | 73 WOOSEHILL LANE |
28 Jun 2022 | £159,408 | £156,000 | 9A WOOSEHILL LANE |
This house has a floor area of 128 sq meters or 1,383 sq feet when measured on 24 Mar 2011. Using an estimated price of £694,513 means this house is valued at £5,405 per sq meter (£502 per sq foot).
The average size of a house on HEELAS ROAD is 154 sq meters (1,658 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Woosehill Lane | |
May 2024 | Anti-social behaviour | On or near Woosehill Lane | |
May 2024 | Anti-social behaviour | On or near Woosehill Lane | |
Apr 2024 | Anti-social behaviour | On or near Woosehill Lane | |
Apr 2024 | Anti-social behaviour | On or near Woosehill Lane |