£399,597
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Jun 2007. 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 | 1 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 June 2007 the House Price Index for SURREY was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £250,000 results in an estimated price of approximately £399,597.
| 1 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £250,000 | £149,597 | £399,597 |
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 | 33.265 % | £83,162 | £333,162 |
| 3 Month Average | 55.845 % | £139,613 | £389,613 |
| 6 Month Average | 55.949 % | £139,871 | £389,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £472,256 | £465,000 | 3 FOLLY LANE NORTH |
| 31 Mar 2023 | £350,859 | £345,000 | 3 STONECROFT COTTAGES GRAVEL ROAD |
| 12 Aug 2022 | £452,114 | £450,000 | 58 FOLLY LANE NORTH |
| 11 Apr 2022 | £503,150 | £485,000 | 7 BECK GARDENS |
| 29 Mar 2022 | £521,967 | £500,000 | 12 HILLBROOK RISE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Mar 2015. Using an estimated price of £399,598 means this house is valued at £5,399 per sq meter (£501 per sq foot).
The average size of a house on FOLLY LANE NORTH is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Bishops Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hereford Lane |
| Oct 2024 | Possession of weapons | Under investigation | On or near Hereford Lane |
| Sep 2024 | Shoplifting | Under investigation | On or near Hereford Lane |
| Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Hereford Lane |