£389,383
This estimated value is based upon the latest sale price for the house of £250,000 on 13 May 2014. 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 |
|---|---|
| £250,000 | 13 May 2014 |
| £199,950 | 13 Jul 2012 |
| £194,000 | 25 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 May 2014 the House Price Index for SURREY was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £250,000 results in an estimated price of approximately £389,383.
| 13 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £250,000 | £139,383 | £389,383 |
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 | 23.079 % | £57,698 | £307,698 |
| 3 Month Average | 46.166 % | £115,416 | £365,416 |
| 6 Month Average | 44.317 % | £110,792 | £360,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £335,149 | £330,000 | 38 BRICKSBURY HILL |
| 22 Mar 2024 | £487,490 | £480,000 | 12 BEAM HOLLOW |
| 25 Sep 2023 | £357,889 | £350,000 | 32 BRICKSBURY HILL |
| 25 Aug 2023 | £789,235 | £775,000 | 1 BEAM HOLLOW |
| 2 Aug 2023 | £229,133 | £225,000 | 15 THE FERNS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Jan 2015. Using an estimated price of £389,383 means this house is valued at £6,489 per sq meter (£602 per sq foot).
The average size of a house on ALMA LANE is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Bricksbury Hill |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bricksbury Hill |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bricksbury Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Toplady Place |
| Aug 2024 | Anti-social behaviour | On or near Swift Road |