£638,692
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Dec 2002. 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 |
---|---|
£250,000 | 6 Dec 2002 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 December 2002 the House Price Index for WOKINGHAM was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £250,000 results in an estimated price of approximately £638,692.
6 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £250,000 | £388,692 | £638,692 |
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 | 122.332 % | £305,829 | £555,829 |
3 Month Average | 132.784 % | £331,959 | £581,959 |
6 Month Average | 122.002 % | £305,003 | £555,003 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £593,229 | £575,000 | 14 WOOSEHILL LANE |
15 Dec 2023 | £309,511 | £300,000 | 13 MINSTER GROVE |
10 Oct 2023 | £787,895 | £770,000 | 40 EVERGREEN WAY |
11 Aug 2023 | £496,963 | £488,000 | 14 MANSFIELD ROAD |
10 Aug 2023 | £570,286 | £560,000 | 30 EVERGREEN WAY |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 16 Jun 2019. Using an estimated price of £638,693 means this house is valued at £5,652 per sq meter (£525 per sq foot).
The average size of a house on WOOSEHILL LANE is 113 sq meters (1,224 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Woosehill Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Curl Way |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Curl Way |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Kestrel Way |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Kestrel Way |