£1,500,180
This estimated value is based upon the latest sale price for the house of £1,415,000 on 14 Jan 2022. 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 |
|---|---|
| £1,415,000 | 14 Jan 2022 |
| £400,000 | 26 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 289 sq meters or 3,110 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 January 2022 the House Price Index for WOKINGHAM was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £1,415,000 results in an estimated price of approximately £1,500,180.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £1,415,000 | £85,180 | £1,500,180 |
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 | 16.092 % | £227,698 | £1,642,698 |
| 3 Month Average | 8.336 % | £117,949 | £1,532,949 |
| 6 Month Average | 4.346 % | £61,502 | £1,476,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £243,745 | £240,000 | 20 GODWIN CLOSE |
| 27 Oct 2023 | £915,800 | £895,000 | 2 LUCKLEY ROAD |
| 29 Sep 2023 | £720,891 | £705,000 | 14 HEATH CLOSE |
| 22 Sep 2023 | £439,693 | £430,000 | 11 TANGLEY DRIVE |
| 22 Aug 2023 | £647,682 | £636,000 | 13 HEATH CLOSE |
This house has a floor area of 289 sq meters or 3,110 sq feet when measured on 20 May 2021. Using an estimated price of £1,500,181 means this house is valued at £5,190 per sq meter (£482 per sq foot).
The average size of a house on FINCHAMPSTEAD ROAD is 149 sq meters (1,611 sq feet).
This house is the largest in the street with a floor area of 289 sq meters (3,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Beaver Close |
| Sep 2024 | Anti-social behaviour | On or near Tangley Drive | |
| Sep 2024 | Anti-social behaviour | On or near Tangley Drive | |
| Oct 2024 | Anti-social behaviour | On or near Eastheath Gardens | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Godwin Close |