£1,203,495
This estimated value is based upon the latest sale price for the house of £235,000 on 11 Jun 1997. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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23 Market Place, Wokingham, RG40 1AP
Phone: 01184438912
Price Paid | Date |
---|---|
£235,000 | 11 Jun 1997 |
Detached |
Freehold |
Floor Area: 154 sq meters or 1,657 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 June 1997 the House Price Index for WOKINGHAM was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £235,000 results in an estimated price of approximately £1,203,495.
11 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £235,000 | £968,495 | £1,203,495 |
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 | 229.266 % | £538,774 | £773,774 |
3 Month Average | 268.347 % | £630,615 | £865,615 |
6 Month Average | 326.397 % | £767,033 | £1,002,033 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £758,163 | £750,000 | 42 GIPSY LANE |
3 Apr 2023 | £368,973 | £365,000 | 11A LANGBOROUGH ROAD |
24 Feb 2023 | £384,741 | £385,000 | 23 LANGBOROUGH ROAD |
6 Jan 2023 | £636,999 | £640,000 | 51 LANGBOROUGH ROAD |
15 Jul 2022 | £376,012 | £375,000 | 27 LANGBOROUGH ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 3 Aug 2018. Using an estimated price of £1,203,496 means this house is valued at £7,814 per sq meter (£726 per sq foot).
The average size of a house on FAIRVIEW ROAD is 146 sq meters (1,571 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairview Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langborough Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langborough Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Drive |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Carey Road |