£656,182
This estimated value is based upon the latest sale price for the house of £650,000 on 1 Mar 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 |
|---|---|
| £650,000 | 1 Mar 2023 |
| £268,000 | 13 Feb 2004 |
| £100,000 | 15 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2023 the House Price Index for WOKINGHAM was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £650,000 results in an estimated price of approximately £656,182.
| 1 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £650,000 | £6,182 | £656,182 |
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 | -28.224 % | £-183,458 | £466,541 |
| 3 Month Average | -3.108 % | £-20,204 | £629,795 |
| 6 Month Average | -9.783 % | £-63,587 | £586,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £668,548 | £660,000 | 17 ROTHERFIELD AVENUE |
| 1 Mar 2023 | £656,182 | £650,000 | 87 READING ROAD |
| 27 Jan 2023 | £432,961 | £435,000 | 43 COPSE DRIVE |
| 1 Sep 2022 | £495,995 | £500,000 | 10 THE RISE |
| 13 May 2022 | £616,619 | £605,000 | 12 COPSE DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 8 Nov 2016. Using an estimated price of £656,182 means this house is valued at £6,628 per sq meter (£615 per sq foot).
The average size of a house on READING ROAD is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rise |
| Feb 2024 | Anti-social behaviour | On or near The Rise | |
| Feb 2024 | Anti-social behaviour | On or near The Rise |