£757,159
This estimated value is based upon the latest sale price for the house of £500,000 on 12 Aug 2014. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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The Oaks, Roundabout Lane, Winnersh, RG41 5AE
Phone: 01184438710
| Price Paid | Date |
|---|---|
| £500,000 | 12 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 August 2014 the House Price Index for WOKINGHAM was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £500,000 results in an estimated price of approximately £757,159.
| 12 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £500,000 | £257,159 | £757,159 |
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 | 35.654 % | £178,271 | £678,271 |
| 3 Month Average | 57.717 % | £288,586 | £788,586 |
| 6 Month Average | 56.082 % | £280,409 | £780,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £428,849 | £422,500 | 40 TAMAR WAY |
| 17 Jul 2023 | £551,422 | £544,000 | 20 TAMAR WAY |
| 2 Jun 2023 | £1,619,619 | £1,600,000 | LITTLE SPINFIELD, 12 CHESTNUT AVENUE |
| 24 Apr 2023 | £404,354 | £400,000 | 85 TAMAR WAY |
| 17 Aug 2022 | £428,846 | £430,000 | 67 TAMAR WAY |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 27 Mar 2014. Using an estimated price of £757,159 means this house is valued at £5,869 per sq meter (£545 per sq foot).
The average size of a house on MEDWAY CLOSE is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medway Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Medway Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Humber Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Woosehill Lane |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Derwent Close |