£590,086
This estimated value is based upon the latest sale price for the house of £345,000 on 19 Oct 2012. 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 |
|---|---|
| £345,000 | 19 Oct 2012 |
| £315,000 | 26 Aug 2004 |
| £115,000 | 27 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,037 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 October 2012 the House Price Index for HAMPSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £345,000 results in an estimated price of approximately £590,086.
| 19 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £345,000 | £245,086 | £590,086 |
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 | 14.973 % | £51,656 | £396,656 |
| 3 Month Average | 23.318 % | £80,446 | £425,446 |
| 6 Month Average | 49.074 % | £169,303 | £514,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £472,000 | £472,000 | 42 CRANMORE LANE |
| 15 Mar 2024 | £355,461 | £350,000 | 14 ST PETERS PARK |
| 24 Nov 2023 | £410,418 | £400,000 | 6 CHERRYHILL GROVE |
| 20 Oct 2023 | £460,458 | £450,000 | 3 AMBERLEY GRANGE |
| 20 Oct 2023 | £552,550 | £540,000 | 4 CRANMORE GARDENS |
This house has a floor area of 96 sq meters or 1,037 sq feet when measured on 16 May 2011. Using an estimated price of £590,087 means this house is valued at £6,122 per sq meter (£568 per sq foot).
The average size of a house on LUKE ROAD is 136 sq meters (1,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peters Park |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Peters Park |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peters Park |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Cherryhill Grove |
| Jun 2024 | Other crime | Under investigation | On or near Cherryhill Grove |