£360,002
This estimated value is based upon the latest sale price for the house of £290,000 on 30 Nov 2018. 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 |
|---|---|
| £290,000 | 30 Nov 2018 |
| £206,250 | 27 Nov 2007 |
| £106,574 | 30 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 November 2018 the House Price Index for WOKINGHAM was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £290,000 results in an estimated price of approximately £360,002.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £290,000 | £70,002 | £360,002 |
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 | 17.256 % | £50,042 | £340,042 |
| 3 Month Average | 18.766 % | £54,421 | £344,421 |
| 6 Month Average | 18.649 % | £54,083 | £344,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £384,767 | £375,000 | 41 TANHOUSE LANE |
| 31 Oct 2023 | £475,807 | £465,000 | 47 BARKHAM ROAD |
| 3 Feb 2023 | £231,547 | £230,000 | 12 COLEBROOK HOUSE ASHVILLE WAY |
| 15 Nov 2022 | £870,928 | £875,000 | 67 BARKHAM ROAD |
| 4 Nov 2022 | £433,971 | £436,000 | 43 ORMONDE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Feb 2016. Using an estimated price of £360,002 means this house is valued at £4,390 per sq meter (£407 per sq foot).
The average size of a house on TANHOUSE LANE is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Tanhouse Lane |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Tanhouse Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bucks Copse |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Bucks Copse |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Ormonde Road |