£7,114,909
This estimated value is based upon the latest sale price for the house of £5,400,000 on 14 Nov 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 |
|---|---|
| £5,400,000 | 14 Nov 2016 |
| £2,250,000 | 13 May 2016 |
| £3,700,000 | 13 May 2016 |
| 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 2016 the House Price Index for WOKINGHAM was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £5,400,000 results in an estimated price of approximately £7,114,909.
| 14 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £5,400,000 | £1,714,909 | £7,114,909 |
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 | 18.129 % | £978,988 | £6,378,988 |
| 3 Month Average | 18.694 % | £1,009,481 | £6,409,481 |
| 6 Month Average | 7.813 % | £421,897 | £5,821,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £714,131 | £705,000 | 14 HEATH CLOSE |
| 18 Jul 2023 | £1,786,545 | £1,762,500 | UNIT 2 MOLLY MILLARS LANE |
| 25 Aug 2022 | £498,658 | £500,000 | 33 HEATH CLOSE |
| 2 Aug 2022 | £603,376 | £605,000 | UNIT 3 MILLARS BROOK MOLLY MILLARS LANE |
| 30 Jun 2022 | £791,181 | £780,000 | 6 HEATH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Molly Millars Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Molly Millar'S Lane |
| 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 Ashville Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashville Way |