£497,496
This estimated value is based upon the latest sale price for the house of £460,000 on 1 Nov 2021. This value is then adjusted by the current Official House Price Index for WOKINGHAM 1
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16 Market Place, Wokingham, RG40 1AL
Phone: 01184434532
| Price Paid | Date |
|---|---|
| £460,000 | 1 Nov 2021 |
| Terraced |
| 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 November 2021 the House Price Index for WOKINGHAM was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £460,000 results in an estimated price of approximately £497,496.
| 1 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £460,000 | £37,496 | £497,496 |
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 | 29.025 % | £133,515 | £593,515 |
| 3 Month Average | -5.978 % | £-27,498 | £432,501 |
| 6 Month Average | 16.682 % | £76,735 | £536,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £178,000 | £178,000 | 7 SWIFT HOUSE MARKET PLACE |
| 25 Aug 2023 | £605,295 | £600,000 | 13 MARKET PLACE |
| 31 Jul 2023 | £228,070 | £225,000 | 2 ELMS ROAD |
| 19 Jul 2023 | £304,093 | £300,000 | FLAT 9 MILLBROOK COURT WATERFORD WAY |
| 7 Jul 2023 | £250,877 | £247,500 | 18 ELMS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Local resolution | On or near Denmark Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Denmark Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Denmark Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Denmark Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Police Station |