£522,219
This estimated value is based upon the latest sale price for the house of £375,000 on 23 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 |
|---|---|
| £375,000 | 23 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £375,000 results in an estimated price of approximately £522,219.
| 23 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £375,000 | £147,219 | £522,219 |
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 | 44.617 % | £167,313 | £542,313 |
| 3 Month Average | 2.302 % | £8,634 | £383,634 |
| 6 Month Average | 19.946 % | £74,795 | £449,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £710,519 | £700,000 | 89A CRANMORE LANE |
| 7 Aug 2023 | £534,678 | £530,000 | 75B CRANMORE LANE |
| 26 Jan 2023 | £437,937 | £440,000 | 13 CRANMORE CLOSE |
| 21 Nov 2022 | £523,657 | £530,000 | 4 RUSSET GLADE |
| 15 Nov 2022 | £810,186 | £820,000 | 83 CRANMORE LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 Oct 2015. Using an estimated price of £522,219 means this house is valued at £5,555 per sq meter (£516 per sq foot).
The average size of a house on CRANMORE GARDENS is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranmore Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranmore Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Russet Glade |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Parking Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heather Close |