£657,027
This estimated value is based upon the latest sale price for the house of £530,000 on 30 Aug 2019. 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 |
|---|---|
| £530,000 | 30 Aug 2019 |
| £350,000 | 21 Jul 2006 |
| £250,000 | 29 May 2001 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 August 2019 the House Price Index for HAMPSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £530,000 results in an estimated price of approximately £657,027.
| 30 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £530,000 | £127,027 | £657,027 |
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 | 8.170 % | £43,303 | £573,303 |
| 3 Month Average | 3.963 % | £21,002 | £551,002 |
| 6 Month Average | 6.338 % | £33,592 | £563,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £366,254 | £355,000 | 117 COVE ROAD |
| 29 Sep 2023 | £352,777 | £345,000 | 128 BROOKHOUSE ROAD |
| 25 Aug 2023 | £150,718 | £148,000 | FLAT 2 HAZEL GATE, 1 HAZEL AVENUE |
| 28 Apr 2023 | £447,877 | £439,500 | 29 HAZEL AVENUE |
| 26 Apr 2023 | £183,431 | £180,000 | 56 BROOKHOUSE ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 12 Sep 2014. Using an estimated price of £657,027 means this house is valued at £5,214 per sq meter (£484 per sq foot).
The average size of a house on WELBECK CLOSE is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welbeck Close |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dene Road |
| Jul 2024 | Public order | Under investigation | On or near Dene Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dene Road |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Dene Road |