£1,177,043
This estimated value is based upon the latest sale price for the house of £950,000 on 12 Jan 2018. 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 |
|---|---|
| £950,000 | 12 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 January 2018 the House Price Index for SURREY was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £950,000 results in an estimated price of approximately £1,177,043.
| 12 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £950,000 | £227,043 | £1,177,043 |
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 | -6.989 % | £-66,397 | £883,602 |
| 3 Month Average | 4.734 % | £44,969 | £994,969 |
| 6 Month Average | 14.493 % | £137,681 | £1,087,681 |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 6 Apr 2016.
The average size of a house on MONKSHANGER is 209 sq meters (2,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynch Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broomleaf Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Broomleaf Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Broomleaf Road |
| Mar 2024 | Anti-social behaviour | On or near Millbank Close |