£499,015
This estimated value is based upon the latest sale price for the house of £293,000 on 20 Aug 2012. 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 |
|---|---|
| £293,000 | 20 Aug 2012 |
| £235,000 | 18 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 August 2012 the House Price Index for WOKINGHAM was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £293,000 results in an estimated price of approximately £499,015.
| 20 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £293,000 | £206,015 | £499,015 |
The Postcode Pricing Model uses changes in average sales price within the RG40 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 | 45.022 % | £131,914 | £424,914 |
| 3 Month Average | 47.968 % | £140,545 | £433,545 |
| 6 Month Average | 66.715 % | £195,474 | £488,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £165,903 | £163,000 | FLAT 15 LANDEN COURT FINCHAMPSTEAD ROAD |
| 3 Nov 2023 | £170,525 | £168,000 | FLAT 26 LANDEN COURT FINCHAMPSTEAD ROAD |
| 15 Sep 2023 | £172,202 | £170,000 | FLAT 18 LANDEN COURT FINCHAMPSTEAD ROAD |
| 21 Jul 2023 | £242,261 | £239,000 | FLAT 37 OAKEY DRIVE |
| 28 Apr 2023 | £386,158 | £382,000 | 71 OAKEY DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 13 Jun 2012. Using an estimated price of £499,015 means this house is valued at £4,663 per sq meter (£433 per sq foot).
The average size of a house on OAKEY DRIVE is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |