£6,818,585
This estimated value is based upon the latest sale price for the house of £5,200,000 on 22 Dec 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 |
|---|---|
| £5,200,000 | 22 Dec 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 December 2016 the House Price Index for WOKINGHAM was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £5,200,000 results in an estimated price of approximately £6,818,585.
| 22 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £5,200,000 | £1,618,585 | £6,818,585 |
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 | 54.699 % | £2,844,358 | £8,044,358 |
| 3 Month Average | 34.292 % | £1,783,160 | £6,983,160 |
| 6 Month Average | 12.366 % | £643,046 | £5,843,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £787,661 | £776,000 | 27 HOLMES CRESCENT |
| 13 Jul 2023 | £506,821 | £500,000 | 56 HOLMES CRESCENT |
| 14 Jun 2023 | £1,442,473 | £1,425,000 | BELGRAVIA HOUSE MULBERRY BUSINESS PARK |
| 8 Jun 2023 | £860,422 | £850,000 | 32 OAKLANDS DRIVE |
| 8 Jun 2023 | £480,824 | £475,000 | 27 OAKLANDS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holmes Close |
| Feb 2024 | Other theft | Under investigation | On or near Holmes Close |
| Feb 2024 | Burglary | Under investigation | On or near Fishponds Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |