£867,382
This estimated value is based upon the latest sale price for the house of £850,000 on 8 Jun 2023. 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 |
|---|---|
| £850,000 | 8 Jun 2023 |
| £448,000 | 5 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 June 2023 the House Price Index for WOKINGHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £850,000 results in an estimated price of approximately £867,382.
| 8 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £850,000 | £17,382 | £867,382 |
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 | -23.326 % | £-198,269 | £651,730 |
| 3 Month Average | 8.683 % | £73,807 | £923,807 |
| 6 Month Average | -2.105 % | £-17,889 | £832,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £796,211 | £776,000 | 27 HOLMES CRESCENT |
| 18 Sep 2023 | £4,192,412 | £4,099,994 | 126 BARKHAM ROAD |
| 8 Jun 2023 | £867,382 | £850,000 | 32 OAKLANDS DRIVE |
| 8 Jun 2023 | £484,714 | £475,000 | 27 OAKLANDS DRIVE |
| 3 Mar 2023 | £661,039 | £650,000 | 24 OAKLANDS DRIVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 26 Apr 2014. Using an estimated price of £867,382 means this house is valued at £7,814 per sq meter (£725 per sq foot).
The average size of a house on OAKLANDS DRIVE is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Drive |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Anti-social behaviour | On or near Supermarket | |
| Sep 2024 | Anti-social behaviour | On or near Supermarket |