£2,184,340
This estimated value is based upon the latest sale price for the house of £1,275,000 on 4 Apr 2011. 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 |
|---|---|
| £1,275,000 | 4 Apr 2011 |
| 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 2011 the House Price Index for WOKINGHAM was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £1,275,000 results in an estimated price of approximately £2,184,340.
| 4 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £1,275,000 | £909,340 | £2,184,340 |
The Postcode Pricing Model uses changes in average sales price within the RG40 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 | 41.697 % | £531,638 | £1,806,638 |
| 3 Month Average | 52.401 % | £668,115 | £1,943,115 |
| 6 Month Average | 70.725 % | £901,737 | £2,176,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £863,050 | £855,500 | 5 KILN RIDE |
| 9 Jun 2022 | £1,343,993 | £1,325,000 | 40 SANDHURST ROAD |
| 29 Apr 2022 | £772,349 | £750,000 | 12 RUSSLEY GREEN |
| 1 Apr 2022 | £370,728 | £360,000 | FLAT 1 SAND MARTINS COURT FINCHAMPSTEAD ROAD |
| 10 Mar 2022 | £1,036,262 | £1,000,000 | 1 SHENSTONE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Finchampstead Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croft Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tintagel Road |
| Mar 2024 | Burglary | Under investigation | On or near Holmewood Close |
| Mar 2024 | Robbery | Under investigation | On or near Washington Gardens |