£579,296
This estimated value is based upon the latest sale price for the house of £470,000 on 20 Feb 2020. 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 |
|---|---|
| £470,000 | 20 Feb 2020 |
| £325,000 | 16 Oct 2008 |
| £290,000 | 6 Sep 2004 |
| Semi-Detached |
| Freehold |
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 2020 the House Price Index for WOKINGHAM was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £470,000 results in an estimated price of approximately £579,296.
| 20 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £470,000 | £109,296 | £579,296 |
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 | -60.900 % | £-286,227 | £183,772 |
| 3 Month Average | -5.749 % | £-27,019 | £442,980 |
| 6 Month Average | 0.521 % | £2,447 | £472,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £570,578 | £558,000 | 26 WINDSOR RIDE |
| 1 Sep 2023 | £429,467 | £420,000 | 3 BANKSIDE |
| 16 Aug 2023 | £865,612 | £850,000 | 1 SUMMIT CLOSE |
| 17 Mar 2023 | £783,077 | £770,000 | 230 NINE MILE RIDE |
| 7 Feb 2023 | £880,884 | £875,000 | WOODLANDS WICK HILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Summit Close |
| Jun 2024 | Anti-social behaviour | On or near Windsor Ride | |
| Jun 2024 | Anti-social behaviour | On or near Windsor Ride | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windsor Ride |
| Apr 2024 | Robbery | Awaiting court outcome | On or near Nine Mile Ride |