£624,101
This estimated value is based upon the latest sale price for the house of £505,000 on 9 Dec 2019. 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 |
|---|---|
| £505,000 | 9 Dec 2019 |
| £410,000 | 3 Feb 2012 |
| £298,000 | 30 Sep 2005 |
| £115,000 | 31 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,013 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 December 2019 the House Price Index for WOKINGHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £505,000 results in an estimated price of approximately £624,101.
| 9 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £505,000 | £119,101 | £624,101 |
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 | 17.856 % | £90,170 | £595,170 |
| 3 Month Average | 13.716 % | £69,268 | £574,268 |
| 6 Month Average | 9.928 % | £50,135 | £555,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £721,160 | £699,000 | 1 WALNUT CLOSE |
| 23 Jun 2023 | £474,509 | £465,000 | 11 STARLING CLOSE |
| 20 Jun 2023 | £484,714 | £475,000 | 49 LAUREL CLOSE |
| 3 Mar 2023 | £518,662 | £510,000 | 10 STARLING CLOSE |
| 12 Aug 2022 | £512,346 | £509,950 | 6 YEW CLOSE |
This house has a floor area of 94 sq meters or 1,013 sq feet when measured on 27 Apr 2011. Using an estimated price of £624,102 means this house is valued at £6,625 per sq meter (£615 per sq foot).
The average size of a house on YEW CLOSE is 130 sq meters (1,405 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kestrel Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kestrel Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eagle Close |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Woosehill Lane |
| Oct 2024 | Other theft | Under investigation | On or near Folly Orchard |