£259,033
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Dec 2021. 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 |
|---|---|
| £240,000 | 17 Dec 2021 |
| £185,000 | 28 Aug 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2021 the House Price Index for WOKINGHAM was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £240,000 results in an estimated price of approximately £259,033.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £240,000 | £19,033 | £259,033 |
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 | 24.655 % | £59,172 | £299,172 |
| 3 Month Average | 33.041 % | £79,297 | £319,297 |
| 6 Month Average | 7.417 % | £17,800 | £257,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £220,000 | £220,000 | 9 IMOGEN HOUSE ASHVILLE WAY |
| 26 Apr 2024 | £196,203 | £194,499 | 4 COLEBROOK HOUSE ASHVILLE WAY |
| 20 Dec 2023 | £237,291 | £230,000 | 10 BELLAMY HOUSE ASHVILLE WAY |
| 4 Aug 2023 | £269,867 | £265,000 | 22 IMOGEN HOUSE ASHVILLE WAY |
| 3 Feb 2023 | £231,547 | £230,000 | 12 COLEBROOK HOUSE ASHVILLE WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 2 Jul 2012. Using an estimated price of £259,034 means this house is valued at £4,544 per sq meter (£422 per sq foot).
The average size of a house on ASHVILLE WAY is 53 sq meters (580 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Molly Millar'S Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Molly Millar'S Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Molly Millar'S Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Anti-social behaviour | On or near Supermarket |