£631,000
This estimated value is based upon the latest sale price for the house of £500,000 on 3 Oct 2017. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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9 Broad Street, Wokingham, RG40 1AU
Phone: 01184439270
Price Paid | Date |
---|---|
£500,000 | 3 Oct 2017 |
Semi-Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 October 2017 the House Price Index for WOKINGHAM was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £500,000 results in an estimated price of approximately £631,000.
3 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £500,000 | £131,000 | £631,000 |
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 | 59.063 % | £295,315 | £795,315 |
3 Month Average | 16.528 % | £82,639 | £582,639 |
6 Month Average | 4.216 % | £21,079 | £521,079 |
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 |
9 Mar 2023 | £573,402 | £568,000 | 3 MILES WAY |
22 Aug 2022 | £498,658 | £500,000 | 20 NICHOLSON DRIVE |
2 Aug 2022 | £523,591 | £525,000 | 18 NICHOLSON DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 31 Jul 2017. Using an estimated price of £631,000 means this house is valued at £5,347 per sq meter (£496 per sq foot).
The average size of a house on SKATES DRIVE is 137 sq meters (1,480 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Skates Drive |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Skates Drive |
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 |