£856,424
This estimated value is based upon the latest sale price for the house of £695,000 on 1 Nov 2018. 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 |
|---|---|
| £695,000 | 1 Nov 2018 |
| £353,250 | 13 Jul 2012 |
| Semi-Detached |
| 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 2018 the House Price Index for WOKINGHAM was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £695,000 results in an estimated price of approximately £856,424.
| 1 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £695,000 | £161,424 | £856,424 |
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 | -1.827 % | £-12,697 | £682,302 |
| 3 Month Average | 4.181 % | £29,060 | £724,060 |
| 6 Month Average | 17.460 % | £121,345 | £816,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,550,122 | £1,523,000 | 148 NINE MILE RIDE |
| 25 Aug 2023 | £842,369 | £835,000 | FLAT 11 NORTH COURT THE RIDGES |
| 10 Mar 2023 | £747,038 | £740,000 | FLAT 3 NORTH COURT THE RIDGES |
| 12 Aug 2022 | £583,430 | £585,000 | 8 THE VILLAGE |
| 5 Aug 2022 | £249,329 | £250,000 | 3 CHAPEL LODGE NINE MILE RIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Dittons |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Longwater Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Manor Barns Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |