£624,287
This estimated value is based upon the latest sale price for the house of £445,000 on 30 Nov 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 |
---|---|
£445,000 | 30 Nov 2015 |
£395,000 | 21 Nov 2014 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 November 2015 the House Price Index for HAMPSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £445,000 results in an estimated price of approximately £624,287.
30 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £445,000 | £179,287 | £624,287 |
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 | -5.809 % | £-25,848 | £419,151 |
3 Month Average | 5.264 % | £23,425 | £468,425 |
6 Month Average | 31.057 % | £138,205 | £583,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £472,000 | £472,000 | 42 CRANMORE LANE |
24 Apr 2024 | £415,609 | £412,000 | 92 CRANMORE LANE |
15 Mar 2024 | £355,461 | £350,000 | 14 ST PETERS PARK |
1 Dec 2023 | £572,595 | £555,000 | 66 CRANMORE LANE |
20 Oct 2023 | £552,550 | £540,000 | 4 CRANMORE GARDENS |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 21 Nov 2013. Using an estimated price of £624,287 means this house is valued at £6,120 per sq meter (£568 per sq foot).
The average size of a house on CRANMORE LANE is 130 sq meters (1,406 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cranmore Lane |
May 2024 | Anti-social behaviour | On or near Warrington Mews | |
May 2024 | Anti-social behaviour | On or near Warrington Mews | |
May 2024 | Anti-social behaviour | On or near Warrington Mews | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Peters Park |