£1,440,873
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Oct 2001. 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 |
|---|---|
| £450,000 | 12 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 October 2001 the House Price Index for WOKINGHAM was 45.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 220.194%.Applying this 220.194% change to the original purchase price of £450,000 results in an estimated price of approximately £1,440,873.
| 12 Oct 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 146.7 | 220.194 % | £450,000 | £990,873 | £1,440,873 |
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 | 251.973 % | £1,133,880 | £1,583,880 |
| 3 Month Average | 163.305 % | £734,872 | £1,184,872 |
| 6 Month Average | 146.591 % | £659,657 | £1,109,657 |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 7 May 2014.
The average size of a house on OXFORD ROAD is 109 sq meters (1,183 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oxford Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oxford Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxford Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near St Paul'S Gate |
| Mar 2024 | Burglary | Under investigation | On or near Hawkes Close |