£492,773
This estimated value is based upon the latest sale price for the house of £374,000 on 25 Nov 2016. 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 |
|---|---|
| £374,000 | 25 Nov 2016 |
| £250,000 | 15 Jul 2011 |
| £180,000 | 20 May 2002 |
| £97,000 | 6 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2016 the House Price Index for HAMPSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £374,000 results in an estimated price of approximately £492,773.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £374,000 | £118,773 | £492,773 |
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 | -0.810 % | £-3,028 | £370,971 |
| 3 Month Average | -6.505 % | £-24,327 | £349,672 |
| 6 Month Average | 6.745 % | £25,228 | £399,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £242,118 | £240,000 | 7 WESTGLADE |
| 18 Nov 2022 | £276,649 | £280,000 | 49 SOUTHWOOD ROAD |
| 16 Jun 2022 | £349,945 | £345,000 | 22 WESTGLADE |
| 22 Oct 2021 | £387,267 | £350,000 | 59 SOUTHWOOD ROAD |
| 19 Aug 2021 | £536,753 | £481,127 | 34 DERWENT CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Apr 2016. Using an estimated price of £492,773 means this house is valued at £5,298 per sq meter (£492 per sq foot).
The average size of a house on SOUTHWOOD ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Westglade |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Morval Close |
| Mar 2024 | Anti-social behaviour | On or near Rydal Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rydal Close |
| Mar 2024 | Anti-social behaviour | On or near Rydal Close |