£450,365
This estimated value is based upon the latest sale price for the house of £340,000 on 14 Oct 2016. 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 |
|---|---|
| £340,000 | 14 Oct 2016 |
| £249,950 | 14 May 2014 |
| £230,000 | 23 May 2008 |
| £189,950 | 4 Jan 2005 |
| £182,000 | 19 Dec 2003 |
| £92,000 | 7 Nov 1997 |
| Terraced |
| 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 October 2016 the House Price Index for WOKINGHAM was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £340,000 results in an estimated price of approximately £450,365.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £340,000 | £110,365 | £450,365 |
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 | -0.990 % | £-3,366 | £336,633 |
| 3 Month Average | -1.201 % | £-4,083 | £335,916 |
| 6 Month Average | 10.847 % | £36,880 | £376,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £351,144 | £345,000 | 111 ROYCROFT LANE |
| 30 Aug 2023 | £353,038 | £349,950 | 3 ROYCROFT LANE |
| 10 Aug 2023 | £424,716 | £421,000 | 7 ST JAMES ROAD |
| 3 Jul 2023 | £408,498 | £403,000 | 19 DITCHFIELD LANE |
| 1 Jun 2023 | £890,790 | £880,000 | 15 GARRETT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St James Road |
| Mar 2024 | Anti-social behaviour | On or near Thomas Lane | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Thomas Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thomas Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thomas Lane |