£615,002
This estimated value is based upon the latest sale price for the house of £480,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for SURREY 1
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2 Greatfield Road, Farnborough, GU14 8HD
Phone: 01252943662
Price Paid | Date |
---|---|
£480,000 | 30 Jun 2017 |
£317,500 | 19 Oct 2007 |
£267,500 | 8 Dec 2006 |
£248,500 | 9 Aug 2004 |
Semi-Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in June 2017 the House Price Index for SURREY was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £480,000 results in an estimated price of approximately £615,002.
30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £480,000 | £135,002 | £615,002 |
The Postcode Pricing Model uses changes in average sales price within the GU9 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 | -5.465 % | £-26,231 | £453,768 |
3 Month Average | -11.214 % | £-53,827 | £426,172 |
6 Month Average | 4.527 % | £21,727 | £501,727 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £244,723 | £241,100 | 84 FARNBOROUGH ROAD |
1 Sep 2023 | £567,253 | £560,000 | 57 COPSE AVENUE |
30 Jun 2023 | £359,353 | £355,000 | 7 WELLINGTON LANE |
27 Feb 2023 | £255,828 | £256,000 | 72 FARNBOROUGH ROAD |
21 Jan 2022 | £273,626 | £260,000 | 68 FARNBOROUGH ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 23 Apr 2015. Using an estimated price of £615,003 means this house is valued at £4,880 per sq meter (£453 per sq foot).
The average size of a house on UPPER WEYBOURNE LANE is 88 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Weybourne Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Weybourne Lane |
Mar 2024 | Possession of weapons | Under investigation | On or near Upper Weybourne Lane |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Weybourne Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowhills |