£421,761
This estimated value is based upon the latest sale price for the house of £246,650 on 30 Apr 2010. 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 |
|---|---|
| £246,650 | 30 Apr 2010 |
| £215,000 | 12 Dec 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,252 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 April 2010 the House Price Index for WOKINGHAM was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £246,650 results in an estimated price of approximately £421,761.
| 30 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £246,650 | £175,111 | £421,761 |
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 | 0.982 % | £2,423 | £249,073 |
| 3 Month Average | 54.174 % | £133,619 | £380,269 |
| 6 Month Average | 53.688 % | £132,420 | £379,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £900,000 | £900,000 | 10 LUCKLEY WOOD |
| 22 Mar 2024 | £954,668 | £940,000 | 34 LUCKLEY WOOD |
| 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 |
This house has a floor area of 116 sq meters or 1,252 sq feet when measured on 20 Jan 2010. Using an estimated price of £421,762 means this house is valued at £3,623 per sq meter (£336 per sq foot).
The average size of a house on GORRICK SQUARE is 122 sq meters (1,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gorrick Square |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Luckley Road |
| Apr 2024 | Other crime | Under investigation | On or near Luckley Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beaver Close |
| Apr 2024 | Burglary | Under investigation | On or near A321 |