£531,795
This estimated value is based upon the latest sale price for the house of £450,000 on 16 Oct 2020. 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 |
---|---|
£450,000 | 16 Oct 2020 |
£94,000 | 16 Jun 1995 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 October 2020 the House Price Index for HAMPSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £450,000 results in an estimated price of approximately £531,795.
16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £450,000 | £81,795 | £531,795 |
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 | 48.628 % | £218,826 | £668,826 |
3 Month Average | 22.565 % | £101,540 | £551,540 |
6 Month Average | 18.788 % | £84,548 | £534,548 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Sep 2024 | £280,000 | £280,000 | 4 STRATFORD COURT SALISBURY ROAD |
25 Apr 2023 | £570,674 | £560,000 | 13 SALISBURY ROAD |
27 Jul 2022 | £228,287 | £226,000 | FLAT 4 BRIAR PATCH, 11 SALISBURY ROAD |
26 Nov 2021 | £190,666 | £175,000 | 9 COOPER COURT SALISBURY ROAD |
9 Nov 2021 | £217,904 | £200,000 | FLAT 64 8 QUEENSMEAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 20 Mar 2020. Using an estimated price of £531,795 means this house is valued at £4,059 per sq meter (£377 per sq foot).
The average size of a house on FARNBOROUGH ROAD is 90 sq meters (974 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Jul 2024 | Other crime | Action to be taken by another organisation | On or near Petrol Station |
Oct 2024 | Public order | Under investigation | On or near Shopping Area |
Sep 2024 | Other theft | Under investigation | On or near Shopping Area |