£546,210
This estimated value is based upon the latest sale price for the house of £440,000 on 30 Nov 2018. 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 |
|---|---|
| £440,000 | 30 Nov 2018 |
| £305,000 | 30 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 November 2018 the House Price Index for SURREY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £440,000 results in an estimated price of approximately £546,210.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £440,000 | £106,210 | £546,210 |
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 | -11.489 % | £-50,553 | £389,446 |
| 3 Month Average | 5.178 % | £22,781 | £462,781 |
| 6 Month Average | 2.633 % | £11,583 | £451,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £460,000 | £460,000 | 33 LOWER WEYBOURNE LANE |
| 30 Nov 2023 | £536,109 | £522,500 | 12 LOWER WEYBOURNE LANE |
| 13 Oct 2023 | £419,528 | £410,000 | 35 LOWER WEYBOURNE LANE |
| 31 Aug 2023 | £599,258 | £588,450 | 55 LOWER WEYBOURNE LANE |
| 18 Aug 2023 | £444,697 | £436,676 | 42 LOWER WEYBOURNE LANE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 3 Jul 2018. Using an estimated price of £546,210 means this house is valued at £5,152 per sq meter (£478 per sq foot).
The average size of a house on WENTWORTH CLOSE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lower Weybourne Lane |
| Oct 2024 | Shoplifting | Under investigation | On or near Green Lane |