£373,216
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Jul 2008. 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 Varney Close
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2 Greatfield Road, Farnborough, GU14 8HD
Phone: 01252943662
| Price Paid | Date |
|---|---|
| £230,000 | 18 Jul 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 July 2008 the House Price Index for HAMPSHIRE was 90.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.268%.Applying this 62.268% change to the original purchase price of £230,000 results in an estimated price of approximately £373,216.
| 18 Jul 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 146.7 | 62.268 % | £230,000 | £143,216 | £373,216 |
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 | 51.578 % | £118,630 | £348,630 |
| 3 Month Average | 40.648 % | £93,489 | £323,489 |
| 6 Month Average | 67.340 % | £154,882 | £384,882 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Jul 2012.
The average size of a house on VARNEY CLOSE is 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Varney Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Varney Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Varney Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Varney Close |
| Feb 2024 | Anti-social behaviour | On or near Heathlands Close |