£430,360
This estimated value is based upon the latest sale price for the house of £395,000 on 17 Nov 2021. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
There has been one burglary within the last year on or near The Terrace
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2 Southgate House, Alexandra Court, Wokingham, RG40 2BJ
Phone: 01184430933
| Price Paid | Date |
|---|---|
| £395,000 | 17 Nov 2021 |
| £245,000 | 13 Oct 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2021 the House Price Index for WOKINGHAM was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £395,000 results in an estimated price of approximately £430,360.
| 17 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £395,000 | £35,360 | £430,360 |
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 | -33.320 % | £-131,615 | £263,384 |
| 3 Month Average | 5.120 % | £20,223 | £415,223 |
| 6 Month Average | -5.788 % | £-22,863 | £372,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £251,381 | £245,000 | 29 IMPERIAL COURT READING ROAD |
| 11 Aug 2023 | £442,990 | £435,000 | 11 IMPERIAL COURT READING ROAD |
| 24 Feb 2023 | £528,531 | £525,000 | 17 ALDERMAN WILLEY CLOSE |
| 10 Jan 2023 | £421,125 | £420,000 | 12 IMPERIAL COURT READING ROAD |
| 11 Oct 2022 | £244,184 | £245,000 | FLAT 3 WILLOW COURT, 11 READING ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Jul 2021. Using an estimated price of £430,360 means this house is valued at £5,815 per sq meter (£540 per sq foot).
The average size of a house on READING ROAD is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near The Terrace |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Road |