£679,825
This estimated value is based upon the latest sale price for the house of £550,000 on 12 Sep 2019. 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 |
|---|---|
| £550,000 | 12 Sep 2019 |
| £395,000 | 4 May 2012 |
| £360,000 | 13 Nov 2008 |
| £294,000 | 12 May 2000 |
| Detached |
| Freehold |
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 September 2019 the House Price Index for WOKINGHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £550,000 results in an estimated price of approximately £679,825.
| 12 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £550,000 | £129,825 | £679,825 |
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 | 1.139 % | £6,265 | £556,265 |
| 3 Month Average | 16.270 % | £89,483 | £639,483 |
| 6 Month Average | 11.065 % | £60,859 | £610,859 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £796,211 | £776,000 | 27 HOLMES CRESCENT |
| 10 Oct 2023 | £787,895 | £770,000 | 40 EVERGREEN WAY |
| 18 Sep 2023 | £4,192,412 | £4,099,994 | 126 BARKHAM ROAD |
| 10 Aug 2023 | £570,286 | £560,000 | 30 EVERGREEN WAY |
| 8 Jun 2023 | £867,382 | £850,000 | 32 OAKLANDS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Folly Orchard |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holmes Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phillips Close |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Woosehill Lane |