£1,058,375
This estimated value is based upon the latest sale price for the house of £550,000 on 29 Jul 2004. 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 |
|---|---|
| £550,000 | 29 Jul 2004 |
| £250,000 | 31 Oct 1996 |
| Detached |
| Freehold |
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 July 2004 the House Price Index for WOKINGHAM was 76.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 92.432%.Applying this 92.432% change to the original purchase price of £550,000 results in an estimated price of approximately £1,058,375.
| 29 Jul 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 146.7 | 92.432 % | £550,000 | £508,375 | £1,058,375 |
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 | 39.943 % | £219,686 | £769,686 |
| 3 Month Average | 65.145 % | £358,297 | £908,297 |
| 6 Month Average | 93.234 % | £512,788 | £1,062,788 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Wokingham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Soldiers Rise |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Soldiers Rise |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Soldiers Rise |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Soldiers Rise |