£341,319
This estimated value is based upon the latest sale price for the house of £276,000 on 17 Apr 2020. 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 |
|---|---|
| £276,000 | 17 Apr 2020 |
| £162,000 | 10 Feb 2006 |
| £158,000 | 18 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2020 the House Price Index for HAMPSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £276,000 results in an estimated price of approximately £341,319.
| 17 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £276,000 | £65,319 | £341,319 |
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 | -7.264 % | £-20,049 | £255,950 |
| 3 Month Average | 3.430 % | £9,467 | £285,467 |
| 6 Month Average | 8.323 % | £22,970 | £298,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £351,337 | £345,000 | 52 CROMWELL WAY |
| 28 Jun 2023 | £334,197 | £327,500 | 20 FAIRFAX ROAD |
| 2 Jun 2023 | £346,953 | £340,000 | 73 FAIRFAX ROAD |
| 31 Mar 2023 | £77,799 | £76,500 | FLAT 5 CODY COURT, 377 FARNBOROUGH ROAD |
| 16 Feb 2023 | £335,239 | £333,000 | 39 FAIRFAX ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Apr 2015. Using an estimated price of £341,320 means this house is valued at £3,923 per sq meter (£364 per sq foot).
The average size of a house on CROMWELL WAY is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Way |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Cromwell Way |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |