£305,342
This estimated value is based upon the latest sale price for the house of £243,000 on 23 May 2018. 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 |
---|---|
£243,000 | 23 May 2018 |
£86,950 | 30 May 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 2018 the House Price Index for HAMPSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £243,000 results in an estimated price of approximately £305,342.
23 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £243,000 | £62,342 | £305,342 |
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 | 41.636 % | £101,174 | £344,174 |
3 Month Average | 1.611 % | £3,915 | £246,915 |
6 Month Average | 12.874 % | £31,284 | £274,284 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £243,482 | £236,000 | 20 HAMILTON PLACE |
27 Oct 2023 | £277,298 | £271,000 | FLAT 2 27 CARGATE AVENUE |
27 Oct 2023 | £207,206 | £202,500 | 10 HAMILTON PLACE |
20 Oct 2023 | £552,550 | £540,000 | 35A CARGATE AVENUE |
12 Oct 2023 | £310,042 | £303,000 | FLAT 1 32 CARGATE AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 8 Mar 2018. Using an estimated price of £305,342 means this house is valued at £5,264 per sq meter (£489 per sq foot).
The average size of a house on HAMILTON PLACE is 66 sq meters (711 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cargate Terrace |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cargate Terrace |
May 2024 | Drugs | Under investigation | On or near Cargate Grove |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Lane West |
Jul 2024 | Drugs | Under investigation | On or near York Crescent |