£677,244
This estimated value is based upon the latest sale price for the house of £620,000 on 29 Oct 2021. 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 |
|---|---|
| £620,000 | 29 Oct 2021 |
| £212,000 | 26 Nov 1999 |
| £138,000 | 7 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2021 the House Price Index for WOKINGHAM was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £620,000 results in an estimated price of approximately £677,244.
| 29 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £620,000 | £57,244 | £677,244 |
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 | 90.258 % | £559,601 | £1,179,601 |
| 3 Month Average | 7.148 % | £44,320 | £664,320 |
| 6 Month Average | -2.328 % | £-14,434 | £605,565 |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 12 Jan 2016.
The average size of a house on REEVES WAY is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Reeves Way | |
| Feb 2024 | Anti-social behaviour | On or near Reeves Way | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reeves Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Eastheath Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Oaklands Park |