£462,343
This estimated value is based upon the latest sale price for the house of £436,500 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for SURREY 1
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2 Greatfield Road, Farnborough, GU14 8HD
Phone: 01252943662
| Price Paid | Date |
|---|---|
| £436,500 | 29 Jun 2021 |
| £315,000 | 1 Sep 2006 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in June 2021 the House Price Index for SURREY was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £436,500 results in an estimated price of approximately £462,343.
| 29 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £436,500 | £25,843 | £462,343 |
The Postcode Pricing Model uses changes in average sales price within the GU9 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 | -16.770 % | £-73,201 | £363,298 |
| 3 Month Average | -16.574 % | £-72,346 | £364,153 |
| 6 Month Average | -5.803 % | £-25,331 | £411,168 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Aug 2020.
The average size of a house on HOPE LANE is 134 sq meters (1,446 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bishops Road |
| Dec 2023 | Drugs | Action to be taken by another organisation | On or near Folly Lane North |
| Mar 2024 | Shoplifting | Under investigation | On or near Hereford Lane |
| Mar 2024 | Shoplifting | Under investigation | On or near Hereford Lane |
| Feb 2024 | Shoplifting | Under investigation | On or near Hereford Lane |