£4,051,770
This estimated value is based upon the latest sale price for the house of £3,850,000 on 25 Jan 2022. 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 |
|---|---|
| £3,850,000 | 25 Jan 2022 |
| 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 January 2022 the House Price Index for WOKINGHAM was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £3,850,000 results in an estimated price of approximately £4,051,770.
| 25 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £3,850,000 | £201,770 | £4,051,770 |
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 | 64.742 % | £2,492,547 | £6,342,547 |
| 3 Month Average | 8.493 % | £326,987 | £4,176,987 |
| 6 Month Average | -1.208 % | £-46,520 | £3,803,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £1,786,545 | £1,762,500 | UNIT 2 MOLLY MILLARS LANE |
| 2 Aug 2022 | £603,376 | £605,000 | UNIT 3 MILLARS BROOK MOLLY MILLARS LANE |
| 25 Jan 2022 | £4,051,771 | £3,850,000 | UNIT 1 MOLLY MILLARS CLOSE |
| 31 Mar 2021 | £283,843 | £255,000 | 4 IMOGEN HOUSE ASHVILLE WAY |
| 9 Sep 2020 | £189,981 | £160,000 | FLAT 12 BROOK HOUSE, 2 MOLLY MILLARS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Molly Millars Close |
| 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 |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakey Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Molly Millar'S Lane |