£828,952
This estimated value is based upon the latest sale price for the house of £580,000 on 4 Aug 2015. 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 |
---|---|
£580,000 | 4 Aug 2015 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 August 2015 the House Price Index for SURREY was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £580,000 results in an estimated price of approximately £828,952.
4 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £580,000 | £248,952 | £828,952 |
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 | 12.979 % | £75,280 | £655,280 |
3 Month Average | 7.539 % | £43,727 | £623,727 |
6 Month Average | 20.683 % | £119,961 | £699,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £1,164,894 | £1,150,000 | WINGS HOUSE, 30 FERNHILL LANE |
28 Jul 2023 | £608,186 | £600,000 | LAGORCE, 1 FERNHILL DRIVE |
1 Feb 2023 | £349,765 | £350,000 | 2 FERNHILL DRIVE |
20 Jan 2023 | £278,687 | £280,000 | 105 UPPER HALE ROAD |
21 Oct 2022 | £643,076 | £650,000 | 122 UPPER HALE ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 28 Jan 2015. Using an estimated price of £828,952 means this house is valued at £7,146 per sq meter (£663 per sq foot).
The average size of a house on WINGS ROAD is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wings Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wings Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Hale Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fernhill Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Close |