£356,715
This estimated value is based upon the latest sale price for the house of £246,000 on 3 Jul 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 |
|---|---|
| £246,000 | 3 Jul 2015 |
| £187,500 | 6 Dec 2013 |
| £170,000 | 12 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 July 2015 the House Price Index for SURREY was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £246,000 results in an estimated price of approximately £356,715.
| 3 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £246,000 | £110,715 | £356,715 |
The Postcode Pricing Model uses changes in average sales price within the GU15 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 | 8.873 % | £21,828 | £267,828 |
| 3 Month Average | 20.886 % | £51,380 | £297,380 |
| 6 Month Average | 21.314 % | £52,433 | £298,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £420,679 | £410,000 | 39 WOOD ROAD |
| 17 Feb 2023 | £261,748 | £260,000 | 44 WESTFIELD ROAD |
| 16 Aug 2022 | £328,536 | £327,000 | 8 ALSACE WALK |
| 15 Aug 2022 | £384,297 | £382,500 | 24 NEWLANDS ROAD |
| 14 Apr 2022 | £378,659 | £365,000 | 57 BAIN AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Sep 2014. Using an estimated price of £356,715 means this house is valued at £4,008 per sq meter (£372 per sq foot).
The average size of a house on ALSACE WALK is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mayfield Road |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Mayfield Road |