£278,784
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Jul 2003. 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 |
|---|---|
| £120,000 | 3 Jul 2003 |
| £83,000 | 21 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2003 the House Price Index for HAMPSHIRE was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £120,000 results in an estimated price of approximately £278,784.
| 3 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £120,000 | £158,784 | £278,784 |
The Postcode Pricing Model uses changes in average sales price within the GU11 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 | 49.397 % | £59,276 | £179,276 |
| 3 Month Average | 85.330 % | £102,396 | £222,396 |
| 6 Month Average | 98.262 % | £117,914 | £237,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £156,742 | £154,000 | FLAT 33 STRATFIELD HOUSE BIRCHETT ROAD |
| 27 Nov 2023 | £165,449 | £163,000 | 2 GORDON PLACE |
| 3 Aug 2023 | £146,280 | £145,000 | FLAT 50 STRATFIELD HOUSE BIRCHETT ROAD |
| 24 Mar 2023 | £328,091 | £325,000 | 7 CAVENDISH ROAD |
| 25 Nov 2022 | £281,589 | £285,000 | 53 CAVENDISH ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 14 Oct 2020. Using an estimated price of £278,785 means this house is valued at £5,260 per sq meter (£488 per sq foot).
The average size of a house on ELMS ROAD is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Formal action is not in the public interest | On or near Parking Area |
| Feb 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Drugs | Offender given a caution | On or near Parking Area |