£974,488
This estimated value is based upon the latest sale price for the house of £785,000 on 6 Nov 2018. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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The Oaks, Roundabout Lane, Winnersh, RG41 5AE
Phone: 01184438710
| Price Paid | Date |
|---|---|
| £785,000 | 6 Nov 2018 |
| £545,000 | 3 Jun 2005 |
| £320,000 | 30 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 £785,000 results in an estimated price of approximately £974,488.
| 6 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £785,000 | £189,488 | £974,488 |
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 | -24.455 % | £-191,975 | £593,024 |
| 3 Month Average | 7.399 % | £58,084 | £843,084 |
| 6 Month Average | 9.397 % | £73,766 | £858,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £515,851 | £500,000 | 6 LIMMER CLOSE |
| 29 Nov 2023 | £636,148 | £620,000 | 25 CHERRY TREE GROVE |
| 18 Mar 2022 | £903,002 | £865,000 | BEECHWOOD HIGHLAND AVENUE |
| 22 Feb 2022 | £591,616 | £560,000 | 17 LIMMER CLOSE |
| 20 Jan 2022 | £731,537 | £690,000 | 50 SANDY LANE |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 20 Aug 2013. Using an estimated price of £974,489 means this house is valued at £4,553 per sq meter (£423 per sq foot).
The average size of a house on SANDY LANE is 174 sq meters (1,880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Limmer Close |
| Jul 2024 | Burglary | Under investigation | On or near Highlands Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highlands Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hornbeam Close |
| May 2024 | Vehicle crime | Awaiting court outcome | On or near Japonica Close |