£525,045
This estimated value is based upon the latest sale price for the house of £425,000 on 23 Oct 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 |
|---|---|
| £425,000 | 23 Oct 2019 |
| £130,000 | 22 Jul 1998 |
| £123,000 | 21 Nov 1997 |
| £99,750 | 31 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2019 the House Price Index for WOKINGHAM was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £425,000 results in an estimated price of approximately £525,045.
| 23 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £425,000 | £100,045 | £525,045 |
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 | -21.520 % | £-91,460 | £333,539 |
| 3 Month Average | 13.238 % | £56,260 | £481,260 |
| 6 Month Average | 11.941 % | £50,747 | £475,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £251,381 | £245,000 | 29 IMPERIAL COURT READING ROAD |
| 11 Aug 2023 | £442,990 | £435,000 | 11 IMPERIAL COURT READING ROAD |
| 24 Feb 2023 | £528,531 | £525,000 | 17 ALDERMAN WILLEY CLOSE |
| 10 Jan 2023 | £421,125 | £420,000 | 12 IMPERIAL COURT READING ROAD |
| 6 Jan 2023 | £195,522 | £195,000 | 8 ELIZABETH COURT ALDERMAN WILLEY CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 10 Aug 2019. Using an estimated price of £525,045 means this house is valued at £6,908 per sq meter (£641 per sq foot).
The average size of a house on ALDERMAN WILLEY CLOSE is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Road |