£504,412
This estimated value is based upon the latest sale price for the house of £500,000 on 18 Aug 2023. 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 |
|---|---|
| £500,000 | 18 Aug 2023 |
| £263,000 | 25 Jan 2010 |
| £265,000 | 26 Sep 2006 |
| £245,000 | 10 Sep 2004 |
| 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 August 2023 the House Price Index for WOKINGHAM was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £500,000 results in an estimated price of approximately £504,412.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £500,000 | £4,412 | £504,412 |
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 | -11.976 % | £-59,877 | £440,122 |
| 3 Month Average | -7.687 % | £-38,433 | £461,566 |
| 6 Month Average | -5.392 % | £-26,958 | £473,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £445,000 | £445,000 | 15 GORSE RIDE SOUTH |
| 18 Aug 2023 | £504,413 | £500,000 | 11 GORSE RIDE SOUTH |
| 25 Jan 2023 | £343,382 | £345,000 | 9 ORBIT CLOSE |
| 15 Aug 2022 | £284,235 | £285,000 | 10 BILLING AVENUE |
| 10 Aug 2022 | £473,725 | £475,000 | 21 WHITTLE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Gorse Ride South |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gorse Ride South |
| Mar 2024 | Drugs | Under investigation | On or near Gorse Ride South |
| Feb 2024 | Anti-social behaviour | On or near Gorse Ride South | |
| Feb 2024 | Anti-social behaviour | On or near Gorse Ride South |