£512,486
This estimated value is based upon the latest sale price for the house of £494,000 on 8 Apr 2022. 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 |
|---|---|
| £494,000 | 8 Apr 2022 |
| Semi-Detached |
| 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 April 2022 the House Price Index for WOKINGHAM was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £494,000 results in an estimated price of approximately £512,486.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £494,000 | £18,486 | £512,486 |
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 | 54.733 % | £270,380 | £764,380 |
| 3 Month Average | 20.281 % | £100,186 | £594,186 |
| 6 Month Average | 7.753 % | £38,297 | £532,297 |
| 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 |
| 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 | Unable to prosecute suspect | On or near Godwin Close |