£556,220
This estimated value is based upon the latest sale price for the house of £450,000 on 27 Sep 2019. 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 |
|---|---|
| £450,000 | 27 Sep 2019 |
| £435,000 | 12 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 September 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £450,000 results in an estimated price of approximately £556,220.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £450,000 | £106,220 | £556,220 |
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 | 27.949 % | £125,771 | £575,771 |
| 3 Month Average | 8.945 % | £40,254 | £490,254 |
| 6 Month Average | 12.952 % | £58,285 | £508,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £400,148 | £394,000 | 24 WARREN CLOSE |
| 15 Dec 2023 | £422,998 | £410,000 | 15 MANOR ROAD |
| 30 Jun 2023 | £443,896 | £435,000 | 5 COWDEN CLOSE |
| 8 Mar 2023 | £284,755 | £280,000 | 9 ALLINGTON CLOSE |
| 24 Nov 2022 | £323,487 | £325,000 | 11 COWDEN CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 2 Aug 2019. Using an estimated price of £556,221 means this house is valued at £4,414 per sq meter (£410 per sq foot).
The average size of a house on WARREN CLOSE is 83 sq meters (899 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cowden Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowden Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Cowden Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Cowden Close |
| Sep 2024 | Public order | Under investigation | On or near Willbury Road |