£727,023
This estimated value is based upon the latest sale price for the house of £582,500 on 16 Mar 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 |
|---|---|
| £582,500 | 16 Mar 2018 |
| £335,000 | 10 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 March 2018 the House Price Index for WOKINGHAM was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £582,500 results in an estimated price of approximately £727,023.
| 16 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £582,500 | £144,523 | £727,023 |
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 | 28.059 % | £163,444 | £745,944 |
| 3 Month Average | 23.699 % | £138,046 | £720,546 |
| 6 Month Average | 16.874 % | £98,289 | £680,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £305,785 | £300,000 | 13 MINSTER GROVE |
| 23 Jun 2023 | £468,801 | £465,000 | 11 STARLING CLOSE |
| 20 Jun 2023 | £478,883 | £475,000 | 49 LAUREL CLOSE |
| 3 Mar 2023 | £512,772 | £510,000 | 10 STARLING CLOSE |
| 12 Aug 2022 | £506,528 | £509,950 | 6 YEW CLOSE |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 23 Oct 2017. Using an estimated price of £727,024 means this house is valued at £3,867 per sq meter (£359 per sq foot).
The average size of a house on LAUREL CLOSE is 118 sq meters (1,275 sq feet).
This house is the largest in the street with a floor area of 188 sq meters (2,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Eagle Close |
| Apr 2024 | Anti-social behaviour | On or near Woosehill Lane | |
| Apr 2024 | Anti-social behaviour | On or near Woosehill Lane | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peregrine Close |
| Apr 2024 | Other crime | Under investigation | On or near Beechnut Close |