£230,321
This estimated value is based upon the latest sale price for the house of £52,000 on 20 May 1999. 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 |
---|---|
£52,000 | 20 May 1999 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 516 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 May 1999 the House Price Index for HAMPSHIRE was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £52,000 results in an estimated price of approximately £230,321.
20 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 148.6 | 342.927 % | £52,000 | £178,321 | £230,321 |
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 | 259.746 % | £135,067 | £187,067 |
3 Month Average | 223.148 % | £116,037 | £168,037 |
6 Month Average | 286.861 % | £149,167 | £201,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £209,500 | £209,500 | 231 MAYFIELD ROAD |
14 Apr 2023 | £293,156 | £290,000 | 8 BELSTONE MEWS |
26 Aug 2022 | £269,275 | £270,000 | 55 AUSTEN ROAD |
25 Apr 2022 | £298,642 | £290,000 | 4 AUSTEN ROAD |
12 Aug 2021 | £262,170 | £235,000 | 109 AUSTEN ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 1 Jul 2014. Using an estimated price of £230,322 means this house is valued at £4,798 per sq meter (£445 per sq foot).
The average size of a house on MAYFIELD ROAD is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Austen Road |
Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Austen Road |
Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Austen Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Austen Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Austen Road |