£930,551
This estimated value is based upon the latest sale price for the house of £625,000 on 27 Feb 2015. 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 |
---|---|
£625,000 | 27 Feb 2015 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 February 2015 the House Price Index for WOKINGHAM was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £625,000 results in an estimated price of approximately £930,551.
27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £625,000 | £305,551 | £930,551 |
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 | 11.070 % | £69,187 | £694,187 |
3 Month Average | 19.856 % | £124,100 | £749,100 |
6 Month Average | 25.828 % | £161,425 | £786,425 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £1,030,838 | £1,015,000 | 6 HART DYKE CLOSE |
13 Nov 2023 | £1,154,301 | £1,125,000 | 202 FINCHAMPSTEAD ROAD |
18 Aug 2023 | £840,153 | £825,000 | 15 HART DYKE CLOSE |
4 Aug 2023 | £743,408 | £730,000 | 58 MANOR ROAD |
30 Jun 2023 | £706,662 | £692,500 | 72 MANOR ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 5 Jun 2014. Using an estimated price of £930,551 means this house is valued at £6,373 per sq meter (£592 per sq foot).
The average size of a house on FINCHAMPSTEAD ROAD is 113 sq meters (1,226 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Hart Dyke Close | |
May 2024 | Anti-social behaviour | On or near Hart Dyke Close | |
May 2024 | Anti-social behaviour | On or near Hart Dyke Close | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Glendale Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evendon'S Close |