£939,800
This estimated value is based upon the latest sale price for the house of £740,000 on 3 Nov 2017. 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 |
|---|---|
| £740,000 | 3 Nov 2017 |
| £392,500 | 25 Feb 2003 |
| £169,000 | 26 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 2017 the House Price Index for WOKINGHAM was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £740,000 results in an estimated price of approximately £939,800.
| 3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £740,000 | £199,800 | £939,800 |
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 | 4.724 % | £34,954 | £774,954 |
| 3 Month Average | 19.824 % | £146,694 | £886,694 |
| 6 Month Average | 11.292 % | £83,562 | £823,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £505,000 | £505,000 | 68 ARTHUR ROAD |
| 17 Oct 2023 | £926,032 | £905,000 | 86 ARTHUR ROAD |
| 15 Mar 2023 | £1,271,230 | £1,250,000 | 87 OXFORD ROAD |
| 24 Feb 2023 | £583,900 | £580,000 | 4 MEADOW WALK |
| 17 Feb 2023 | £458,060 | £455,000 | 6 MURRAY ROAD |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 6 Jun 2017. Using an estimated price of £939,801 means this house is valued at £5,163 per sq meter (£479 per sq foot).
The average size of a house on MURRAY ROAD is 111 sq meters (1,204 sq feet).
This house is the largest in the street with a floor area of 182 sq meters (1,959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Sep 2024 | Anti-social behaviour | On or near Villiers Mead | |
| Sep 2024 | Anti-social behaviour | On or near Villiers Mead | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Frederick Place |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arthur Road |