£654,371
This estimated value is based upon the latest sale price for the house of £650,000 on 1 Feb 2023. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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9 Broad Street, Wokingham, RG40 1AU
Phone: 01184439270
Price Paid | Date |
---|---|
£650,000 | 1 Feb 2023 |
£550,000 | 10 Aug 2018 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 2023 the House Price Index for WOKINGHAM was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £650,000 results in an estimated price of approximately £654,371.
1 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £650,000 | £4,371 | £654,371 |
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 | -52.717 % | £-342,663 | £307,336 |
3 Month Average | -4.528 % | £-29,433 | £620,566 |
6 Month Average | -1.266 % | £-8,227 | £641,772 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £549,171 | £540,000 | 9 HAZYLWOOD |
1 Feb 2023 | £654,371 | £650,000 | 1 BINGHAM DRIVE |
1 Feb 2023 | £830,548 | £825,000 | 12 BINGHAM DRIVE |
21 Oct 2022 | £249,168 | £250,000 | 88 POTTER CRESCENT |
25 Aug 2022 | £889,158 | £885,000 | 15 BINGHAM DRIVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 19 Apr 2018. Using an estimated price of £654,371 means this house is valued at £6,232 per sq meter (£578 per sq foot).
The average size of a house on BINGHAM DRIVE is 150 sq meters (1,618 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
Jun 2024 | Anti-social behaviour | On or near Turnbrook Close | |
Jun 2024 | Anti-social behaviour | On or near Turnbrook Close | |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Potter Crescent |
Jul 2024 | Shoplifting | Under investigation | On or near Potter Crescent |