£558,727
This estimated value is based upon the latest sale price for the house of £327,000 on 1 Jun 2012. 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 |
|---|---|
| £327,000 | 1 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 981 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 June 2012 the House Price Index for SURREY was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £327,000 results in an estimated price of approximately £558,727.
| 1 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £327,000 | £231,727 | £558,727 |
The Postcode Pricing Model uses changes in average sales price within the GU9 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 | 41.808 % | £136,712 | £463,712 |
| 3 Month Average | 58.790 % | £192,243 | £519,243 |
| 6 Month Average | 63.250 % | £206,828 | £533,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £472,256 | £465,000 | 3 FOLLY LANE NORTH |
| 12 Aug 2022 | £452,114 | £450,000 | 58 FOLLY LANE NORTH |
| 9 May 2022 | £582,680 | £567,500 | 36 WINGS ROAD |
| 27 Jan 2022 | £736,838 | £695,000 | 12 HOPE LANE |
| 10 Dec 2021 | £388,551 | £360,000 | 19 GRAVEL ROAD |
This house has a floor area of 91 sq meters or 981 sq feet when measured on 22 Sep 2011. Using an estimated price of £558,727 means this house is valued at £6,125 per sq meter (£569 per sq foot).
The average size of a house on HOPE LANE is 134 sq meters (1,446 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Bishops Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hereford Lane |
| Oct 2024 | Possession of weapons | Under investigation | On or near Hereford Lane |
| Sep 2024 | Shoplifting | Under investigation | On or near Hereford Lane |
| Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Hereford Lane |