£1,242,116
This estimated value is based upon the latest sale price for the house of £980,000 on 1 Sep 2017. 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 |
|---|---|
| £980,000 | 1 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 sq feet |
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 September 2017 the House Price Index for WOKINGHAM was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £980,000 results in an estimated price of approximately £1,242,116.
| 1 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £980,000 | £262,116 | £1,242,116 |
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 | -18.456 % | £-180,863 | £799,136 |
| 3 Month Average | 6.255 % | £61,300 | £1,041,300 |
| 6 Month Average | 18.707 % | £183,325 | £1,163,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £458,014 | £450,000 | 19 GORRICK SQUARE |
| 22 Sep 2023 | £435,569 | £430,000 | 11 TANGLEY DRIVE |
| 21 Nov 2022 | £531,067 | £537,500 | 20 LUCKLEY ROAD |
| 29 Apr 2022 | £808,392 | £785,000 | 15 LUCKLEY WOOD |
| 8 Apr 2022 | £508,721 | £494,000 | 23 TANGLEY DRIVE |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 30 Mar 2017. Using an estimated price of £1,242,116 means this house is valued at £7,349 per sq meter (£682 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorrick Square |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorrick Square |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tangley Drive |
| Jan 2024 | Burglary | Under investigation | On or near Beaver Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |