£502,951
This estimated value is based upon the latest sale price for the house of £435,000 on 16 Dec 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 |
|---|---|
| £435,000 | 16 Dec 2020 |
| £285,000 | 13 Jul 2012 |
| £240,000 | 1 Dec 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2020 the House Price Index for WOKINGHAM was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £435,000 results in an estimated price of approximately £502,951.
| 16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £435,000 | £67,951 | £502,951 |
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 | 5.410 % | £23,533 | £458,533 |
| 3 Month Average | 14.087 % | £61,278 | £496,278 |
| 6 Month Average | 29.329 % | £127,580 | £562,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £196,203 | £194,499 | 4 COLEBROOK HOUSE ASHVILLE WAY |
| 20 Dec 2023 | £237,291 | £230,000 | 10 BELLAMY HOUSE ASHVILLE WAY |
| 10 Nov 2023 | £384,767 | £375,000 | 41 TANHOUSE LANE |
| 8 Jun 2023 | £867,382 | £850,000 | 32 OAKLANDS DRIVE |
| 3 Mar 2023 | £661,039 | £650,000 | 24 OAKLANDS DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Jul 2020. Using an estimated price of £502,951 means this house is valued at £6,209 per sq meter (£576 per sq foot).
The average size of a house on MOLLY MILLARS LANE is 51 sq meters (554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Supermarket | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Sep 2024 | Anti-social behaviour | On or near Supermarket | |
| Sep 2024 | Anti-social behaviour | On or near Supermarket |