£352,643
This estimated value is based upon the latest sale price for the house of £305,000 on 4 Dec 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 |
---|---|
£305,000 | 4 Dec 2020 |
£248,000 | 12 Sep 2014 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 December 2020 the House Price Index for HAMPSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £305,000 results in an estimated price of approximately £352,643.
4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £305,000 | £47,643 | £352,643 |
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 | 38.117 % | £116,257 | £421,257 |
3 Month Average | 14.258 % | £43,486 | £348,486 |
6 Month Average | 9.488 % | £28,938 | £333,938 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £460,143 | £450,000 | 22 TAY CLOSE |
29 Mar 2023 | £422,048 | £415,000 | 9 RIBBLE PLACE |
23 Jan 2023 | £335,898 | £335,000 | 8 TEES CLOSE |
19 Jan 2023 | £396,058 | £395,000 | 104 SUNNYBANK ROAD |
12 May 2022 | £447,663 | £436,000 | 10 TAY CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 Mar 2014. Using an estimated price of £352,644 means this house is valued at £4,353 per sq meter (£404 per sq foot).
The average size of a house on TEES CLOSE is 98 sq meters (1,063 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Tees Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Tees Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kennet Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kennet Close |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thames Close |