£308,817
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Feb 2019. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
There has been one burglary within the last year on or near The Covert
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2 Greatfield Road, Farnborough, GU14 8HD
Phone: 01252943662
| Price Paid | Date |
|---|---|
| £250,000 | 19 Feb 2019 |
| £168,500 | 19 Nov 2004 |
| £168,500 | 19 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 February 2019 the House Price Index for HAMPSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £250,000 results in an estimated price of approximately £308,817.
| 19 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £250,000 | £58,817 | £308,817 |
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 | 48.523 % | £121,307 | £371,307 |
| 3 Month Average | 6.665 % | £16,662 | £266,662 |
| 6 Month Average | 12.891 % | £32,226 | £282,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £343,701 | £340,000 | 4 THE COVERT |
| 21 Apr 2023 | £374,027 | £370,000 | 341 FERNHILL ROAD |
| 16 Jan 2023 | £527,515 | £530,000 | 72 CHAPEL LANE |
| 31 May 2022 | £496,862 | £487,500 | 295A FERNHILL ROAD |
| 8 Apr 2022 | £236,854 | £230,000 | 23 NORTH FARM ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 7 Mar 2018. Using an estimated price of £308,817 means this house is valued at £4,751 per sq meter (£441 per sq foot).
The average size of a house on THE COVERT is 43 sq meters (468 sq feet).
This house is the largest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Covert |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Covert |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Covert |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Covert |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near The Covert |