£555,476
This estimated value is based upon the latest sale price for the house of £440,000 on 23 Mar 2018. 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 |
|---|---|
| £440,000 | 23 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 March 2018 the House Price Index for HAMPSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £440,000 results in an estimated price of approximately £555,476.
| 23 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £440,000 | £115,476 | £555,476 |
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 | 14.950 % | £65,780 | £505,780 |
| 3 Month Average | 9.654 % | £42,475 | £482,475 |
| 6 Month Average | 4.489 % | £19,751 | £459,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £448,790 | £435,000 | 56 LARCH WAY |
| 25 Aug 2023 | £493,908 | £485,000 | 38 OLDWOOD CHASE |
| 12 Aug 2022 | £514,405 | £512,000 | 47 LARCH WAY |
| 21 Feb 2022 | £644,439 | £610,000 | 24 OLDWOOD CHASE |
| 26 Nov 2021 | £550,207 | £505,000 | 55 LARCH WAY |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 13 Dec 2017. Using an estimated price of £555,476 means this house is valued at £5,290 per sq meter (£491 per sq foot).
The average size of a house on OLDWOOD CHASE is 128 sq meters (1,381 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldwood Chase |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Yew Tree Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larch Way |
| Apr 2024 | Possession of weapons | Offender given a caution | On or near Ash Tree Close |
| Jun 2024 | Anti-social behaviour | On or near Fleet Road |