£1,044,223
This estimated value is based upon the latest sale price for the house of £815,000 on 29 Jun 2017. This value is then adjusted by the current Official House Price Index for SURREY 1
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £815,000 | 29 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 2017 the House Price Index for SURREY was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £815,000 results in an estimated price of approximately £1,044,223.
| 29 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £815,000 | £229,223 | £1,044,223 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | 2.930 % | £23,877 | £838,877 |
| 3 Month Average | 9.915 % | £80,804 | £895,804 |
| 6 Month Average | 28.433 % | £231,730 | £1,046,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £723,767 | £715,000 | 5 DEAN ROAD |
| 28 Apr 2023 | £237,558 | £235,000 | 19B PEPERHAROW ROAD |
| 17 Feb 2023 | £714,519 | £715,000 | 36 PEPERHAROW ROAD |
| 27 Jan 2023 | £238,875 | £240,000 | 1 MEADOWSIDE CHARTERHOUSE ROAD |
| 8 Sep 2022 | £628,921 | £634,000 | 2 NEWSTEAD CLOSE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 23 May 2016. Using an estimated price of £1,044,223 means this house is valued at £6,651 per sq meter (£617 per sq foot).
The average size of a house on NEWSTEAD CLOSE is 193 sq meters (2,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Charterhouse Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcote |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Borough Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Borough Road |
| Jan 2024 | Anti-social behaviour | On or near Dormers Close |