£327,413
This estimated value is based upon the latest sale price for the house of £265,000 on 29 Nov 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 |
|---|---|
| £265,000 | 29 Nov 2019 |
| £226,000 | 21 Oct 2014 |
| £199,000 | 13 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 November 2019 the House Price Index for WOKINGHAM was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £265,000 results in an estimated price of approximately £327,413.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £265,000 | £62,413 | £327,413 |
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 | 30.241 % | £80,138 | £345,138 |
| 3 Month Average | 19.969 % | £52,916 | £317,916 |
| 6 Month Average | 7.817 % | £20,714 | £285,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £220,000 | £220,000 | 9 IMOGEN 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 |
| 12 Sep 2022 | £249,833 | £250,000 | 34 IMOGEN HOUSE ASHVILLE WAY |
| 2 Aug 2022 | £607,842 | £605,000 | UNIT 3 MILLARS BROOK MOLLY MILLARS LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 28 Jan 2013. Using an estimated price of £327,414 means this house is valued at £5,549 per sq meter (£515 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 | Violence and sexual offences | Under investigation | On or near Ashville Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ashville Way |