£880,420
This estimated value is based upon the latest sale price for the house of £520,000 on 3 Feb 2012. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
There has been one burglary within the last year on or near Linden Close
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2 Southgate House, Alexandra Court, Wokingham, RG40 2BJ
Phone: 01184430933
| Price Paid | Date |
|---|---|
| £520,000 | 3 Feb 2012 |
| £175,000 | 31 May 1996 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,815 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 February 2012 the House Price Index for WOKINGHAM was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.312%.Applying this 69.312% change to the original purchase price of £520,000 results in an estimated price of approximately £880,420.
| 3 Feb 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.312 % | £520,000 | £360,420 | £880,420 |
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 | 119.487 % | £621,332 | £1,141,332 |
| 3 Month Average | 79.762 % | £414,763 | £934,763 |
| 6 Month Average | 56.531 % | £293,960 | £813,960 |
This house has a floor area of 168 sq meters or 1,815 sq feet when measured on 13 Oct 2011.
The average size of a house on MAGNOLIA WAY is 176 sq meters (1,904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Linden Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Phillips Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cammell Close |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Cammell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Peregrine Close |