£481,636
This estimated value is based upon the latest sale price for the house of £380,000 on 18 Sep 2017. 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 |
|---|---|
| £380,000 | 18 Sep 2017 |
| 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 September 2017 the House Price Index for HAMPSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £380,000 results in an estimated price of approximately £481,636.
| 18 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £380,000 | £101,636 | £481,636 |
The Postcode Pricing Model uses changes in average sales price within the GU14 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 | 8.694 % | £33,035 | £413,035 |
| 3 Month Average | -8.296 % | £-31,523 | £348,476 |
| 6 Month Average | 7.695 % | £29,241 | £409,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £465,640 | £460,000 | 7 NEWFIELD AVENUE |
| 24 Sep 2021 | £529,098 | £491,000 | 131 BIRCHETT ROAD |
| 29 Jun 2021 | £509,639 | £475,000 | 77 FERNHILL ROAD |
| 8 Dec 2020 | £464,824 | £405,000 | 100A FERNHILL ROAD |
| 13 Nov 2020 | £397,658 | £343,000 | 19 NEWFIELD AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 5 Jul 2017. Using an estimated price of £481,637 means this house is valued at £5,123 per sq meter (£476 per sq foot).
The average size of a house on FERNHILL ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanover Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanover Gardens |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hanover Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hanover Gardens |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hanover Gardens |