£430,450
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Oct 2011. 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 |
|---|---|
| £250,000 | 12 Oct 2011 |
| £250,000 | 27 Oct 2006 |
| £205,000 | 21 Feb 2003 |
| £175,000 | 5 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 October 2011 the House Price Index for WOKINGHAM was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.180%.Applying this 72.180% change to the original purchase price of £250,000 results in an estimated price of approximately £430,450.
| 12 Oct 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.180 % | £250,000 | £180,450 | £430,450 |
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 | 68.696 % | £171,740 | £421,740 |
| 3 Month Average | 63.695 % | £159,238 | £409,238 |
| 6 Month Average | 52.415 % | £131,038 | £381,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £503,059 | £500,000 | 80 EASTHEATH AVENUE |
| 3 Aug 2023 | £803,889 | £799,000 | 24 CRAIL CLOSE |
| 28 Jul 2023 | £848,022 | £840,000 | 2C CRAIL CLOSE |
| 11 Jul 2023 | £429,059 | £425,000 | 10 REEVES WAY |
| 14 Jun 2023 | £1,436,649 | £1,425,000 | BELGRAVIA HOUSE MULBERRY BUSINESS PARK |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 29 Apr 2016. Using an estimated price of £430,451 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on REEVES WAY is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Reeves Way | |
| Feb 2024 | Anti-social behaviour | On or near Reeves Way | |
| Feb 2024 | Anti-social behaviour | On or near Reeves Way | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reeves Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Eastheath Avenue |