£638,465
This estimated value is based upon the latest sale price for the house of £506,450 on 8 Nov 2017. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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The Oaks, Roundabout Lane, Winnersh, RG41 5AE
Phone: 01184438710
Price Paid | Date |
---|---|
£506,450 | 8 Nov 2017 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2017 the House Price Index for WOKINGHAM was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £506,450 results in an estimated price of approximately £638,465.
8 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £506,450 | £132,015 | £638,465 |
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 | 48.609 % | £246,182 | £752,632 |
3 Month Average | 19.998 % | £101,278 | £607,728 |
6 Month Average | 5.368 % | £27,184 | £533,634 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2023 | £876,801 | £865,000 | 1 SKATES DRIVE |
1 Jun 2023 | £536,499 | £530,000 | 26 NICHOLSON DRIVE |
28 Apr 2023 | £257,776 | £255,000 | FLAT 8 LEE COURT, 1 SKINNER DRIVE |
17 Mar 2023 | £293,768 | £291,000 | FLAT 4 LEE COURT, 1 SKINNER DRIVE |
22 Aug 2022 | £498,658 | £500,000 | 20 NICHOLSON DRIVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 19 Oct 2017. Using an estimated price of £638,466 means this house is valued at £6,198 per sq meter (£575 per sq foot).
The average size of a house on NICHOLSON DRIVE is 110 sq meters (1,185 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Nicholson Drive |
Mar 2024 | Other theft | Under investigation | On or near Langman Close |
Feb 2024 | Anti-social behaviour | On or near Langman Close | |
Feb 2024 | Anti-social behaviour | On or near Langman Close | |
Mar 2024 | Other theft | Under investigation | On or near Skates Drive |