£416,035
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Feb 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 |
|---|---|
| £320,000 | 28 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2017 the House Price Index for HAMPSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £320,000 results in an estimated price of approximately £416,035.
| 28 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £320,000 | £96,035 | £416,035 |
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 | -5.011 % | £-16,034 | £303,965 |
| 3 Month Average | -5.996 % | £-19,187 | £300,812 |
| 6 Month Average | 13.739 % | £43,966 | £363,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £400,936 | £395,000 | 95 WREN WAY |
| 1 Nov 2023 | £253,757 | £250,000 | 16 CARMARTHEN CLOSE |
| 7 Jul 2023 | £293,956 | £290,000 | 20 BIDEFORD CLOSE |
| 13 Jan 2023 | £358,312 | £360,000 | 61 WREN WAY |
| 5 Jan 2022 | £310,460 | £295,000 | 89 CARMARTHEN CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 4 Sep 2014. Using an estimated price of £416,035 means this house is valued at £5,403 per sq meter (£501 per sq foot).
The average size of a house on GRACE BENNETT CLOSE is 108 sq meters (1,170 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Grace Bennett Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grace Bennett Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bideford Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bideford Close |
| Feb 2024 | Other crime | Under investigation | On or near Bideford Close |