£734,484
This estimated value is based upon the latest sale price for the house of £582,000 on 5 Oct 2017. 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 |
|---|---|
| £582,000 | 5 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 £582,000 results in an estimated price of approximately £734,484.
| 5 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £582,000 | £152,484 | £734,484 |
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 | 1.323 % | £7,697 | £589,697 |
| 3 Month Average | 7.578 % | £44,105 | £626,105 |
| 6 Month Average | 19.751 % | £114,953 | £696,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £565,227 | £558,000 | 26 WINDSOR RIDE |
| 1 Sep 2023 | £425,440 | £420,000 | 3 BANKSIDE |
| 28 Jul 2023 | £380,116 | £375,000 | 4 BANKSIDE |
| 4 Jul 2023 | £420,662 | £415,000 | 6 BANKSIDE |
| 17 Mar 2023 | £777,323 | £770,000 | 230 NINE MILE RIDE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 17 Oct 2013. Using an estimated price of £734,484 means this house is valued at £4,832 per sq meter (£448 per sq foot).
The average size of a house on NINE MILE RIDE is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Side |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Summit Close |
| Dec 2023 | Anti-social behaviour | On or near Avery Close | |
| Dec 2023 | Anti-social behaviour | On or near Avery Close | |
| Dec 2023 | Anti-social behaviour | On or near Avery Close |