£747,376
This estimated value is based upon the latest sale price for the house of £665,000 on 26 Aug 2021. 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 |
|---|---|
| £665,000 | 26 Aug 2021 |
| £290,000 | 20 Aug 2009 |
| £290,000 | 20 Aug 2009 |
| £273,000 | 30 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 972 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 August 2021 the House Price Index for WOKINGHAM was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £665,000 results in an estimated price of approximately £747,376.
| 26 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £665,000 | £82,376 | £747,376 |
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 | -19.662 % | £-130,751 | £534,248 |
| 3 Month Average | 0.570 % | £3,792 | £668,792 |
| 6 Month Average | -2.075 % | £-13,798 | £651,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £464,266 | £450,000 | 19 GORRICK SQUARE |
| 27 Oct 2023 | £915,800 | £895,000 | 2 LUCKLEY ROAD |
| 22 Sep 2023 | £439,693 | £430,000 | 11 TANGLEY DRIVE |
| 30 Mar 2023 | £648,836 | £638,000 | 154 FINCHAMPSTEAD ROAD |
| 21 Nov 2022 | £534,998 | £537,500 | 20 LUCKLEY ROAD |
This house has a floor area of 90 sq meters or 972 sq feet when measured on 6 Apr 2009. Using an estimated price of £747,376 means this house is valued at £8,270 per sq meter (£768 per sq foot).
The average size of a house on TANGLEY DRIVE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Tangley Drive | |
| Sep 2024 | Anti-social behaviour | On or near Tangley Drive | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Beaver Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gorrick Square |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Godwin Close |