£948,700
This estimated value is based upon the latest sale price for the house of £650,000 on 8 May 2015. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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2 Greatfield Road, Farnborough, GU14 8HD
Phone: 01252943662
| Price Paid | Date |
|---|---|
| £650,000 | 8 May 2015 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in May 2015 the House Price Index for HAMPSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £650,000 results in an estimated price of approximately £948,700.
| 8 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £650,000 | £298,700 | £948,700 |
The Postcode Pricing Model uses changes in average sales price within the GU11 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 | 44.831 % | £291,404 | £941,404 |
| 3 Month Average | 15.253 % | £99,143 | £749,143 |
| 6 Month Average | 29.624 % | £192,552 | £842,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £430,504 | £425,000 | 7 BELLAND DRIVE |
| 23 Jun 2023 | £346,193 | £342,000 | 10 BELLAND DRIVE |
| 9 Jun 2023 | £607,357 | £600,000 | 49 CRANMORE LANE |
| 29 Apr 2022 | £623,028 | £605,000 | 8 CRANMORE GARDENS |
| 22 Apr 2022 | £446,933 | £434,000 | 27 BELLAND DRIVE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 18 Sep 2014. Using an estimated price of £948,701 means this house is valued at £5,452 per sq meter (£506 per sq foot).
The average size of a house on CRANMORE GARDENS is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cranmore Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Peters Park |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alverstoke Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranmore Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranmore Close |