£262,911
This estimated value is based upon the latest sale price for the house of £132,000 on 21 Jun 2004. 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 |
|---|---|
| £132,000 | 21 Jun 2004 |
| £102,500 | 10 Jan 2002 |
| £65,000 | 21 May 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 2004 the House Price Index for WOKINGHAM was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £132,000 results in an estimated price of approximately £262,911.
| 21 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £132,000 | £130,911 | £262,911 |
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 | 18.694 % | £24,676 | £156,676 |
| 3 Month Average | 85.974 % | £113,486 | £245,486 |
| 6 Month Average | 88.488 % | £116,803 | £248,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £251,381 | £245,000 | 29 IMPERIAL COURT READING ROAD |
| 11 Aug 2023 | £442,990 | £435,000 | 11 IMPERIAL COURT READING ROAD |
| 28 Apr 2023 | £545,197 | £535,000 | 4 PARK ROAD |
| 24 Feb 2023 | £528,531 | £525,000 | 17 ALDERMAN WILLEY CLOSE |
| 10 Jan 2023 | £421,125 | £420,000 | 12 IMPERIAL COURT READING ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 8 Oct 2019. Using an estimated price of £262,911 means this house is valued at £6,114 per sq meter (£568 per sq foot).
The average size of a house on ALDERMAN WILLEY CLOSE is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Road |