£1,026,560
This estimated value is based upon the latest sale price for the house of £760,000 on 31 Mar 2016. 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 |
---|---|
£760,000 | 31 Mar 2016 |
Detached |
Freehold |
Floor Area: 183 sq meters or 1,969 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 March 2016 the House Price Index for WOKINGHAM was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £760,000 results in an estimated price of approximately £1,026,560.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £760,000 | £266,560 | £1,026,560 |
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 | 65.130 % | £494,990 | £1,254,990 |
3 Month Average | 31.979 % | £243,044 | £1,003,044 |
6 Month Average | 17.137 % | £130,243 | £890,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £602,706 | £595,000 | 19 MAGNOLIA WAY |
11 Sep 2023 | £531,800 | £525,000 | 23 PHILLIPS CLOSE |
16 Aug 2023 | £557,376 | £552,500 | 2 FOLLY AVENUE |
16 Aug 2023 | £781,840 | £775,000 | 15 FOLLY AVENUE |
9 Feb 2023 | £599,597 | £600,000 | 1 LINDEN CLOSE |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 14 Mar 2016. Using an estimated price of £1,026,561 means this house is valued at £5,609 per sq meter (£521 per sq foot).
The average size of a house on FOLLY AVENUE is 142 sq meters (1,529 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Phillips Close |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Linden Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |