£395,822
This estimated value is based upon the latest sale price for the house of £310,000 on 27 Sep 2017. 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 |
|---|---|
| £310,000 | 27 Sep 2017 |
| £183,000 | 19 Jun 2012 |
| Terraced |
| Freehold |
| Floor Area: 5 sq meters or 53 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 September 2017 the House Price Index for HAMPSHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £310,000 results in an estimated price of approximately £395,822.
| 27 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £310,000 | £85,822 | £395,822 |
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 | 1.150 % | £3,563 | £313,563 |
| 3 Month Average | 0.225 % | £697 | £310,697 |
| 6 Month Average | -0.710 % | £-2,201 | £307,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £315,694 | £310,000 | 78 UNION STREET |
| 16 Sep 2022 | £419,720 | £420,000 | 5A ELM GROVE ROAD |
| 16 Dec 2020 | £364,206 | £315,000 | 42 UNION STREET |
| 30 Sep 2020 | £397,727 | £332,500 | 7 GLOSTER CLOSE |
| 19 Aug 2020 | £392,581 | £325,000 | 47 ELM GROVE ROAD |
This house has a floor area of 5 sq meters or 53 sq feet when measured on 27 Oct 2021. Using an estimated price of £395,823 means this house is valued at £79,164 per sq meter (£7,354 per sq foot).
The average size of a house on ELM GROVE ROAD is 66 sq meters (715 sq feet).
This house is the smallest in the street with a floor area of 5 sq meters (53 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Helen Court |
| May 2024 | Drugs | Under investigation | On or near Gloster Close |
| Jul 2024 | Bicycle theft | On or near Farnborough (Main) (Station) | |
| Jul 2024 | Public order | On or near Farnborough (Main) (Station) | |
| Jun 2024 | Criminal damage and arson | On or near Farnborough (Main) (Station) |