£648,990
This estimated value is based upon the latest sale price for the house of £489,950 on 11 Oct 2016. 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 |
---|---|
£489,950 | 11 Oct 2016 |
£217,000 | 4 Jun 2009 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 October 2016 the House Price Index for SURREY was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £489,950 results in an estimated price of approximately £648,990.
11 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £489,950 | £159,040 | £648,990 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -28.751 % | £-140,864 | £349,085 |
3 Month Average | -21.948 % | £-107,532 | £382,417 |
6 Month Average | -10.247 % | £-50,205 | £439,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £395,810 | £389,950 | 26 ALMOND CLOSE |
14 Aug 2023 | £393,442 | £390,000 | 22 WHITEMORE ROAD |
19 Jul 2023 | £503,172 | £496,400 | 19 WHITEMORE ROAD |
19 Jul 2023 | £608,186 | £600,000 | 131 WOKING ROAD |
13 Jun 2023 | £602,296 | £595,000 | 18 WHITEMORE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 2 Jun 2016. Using an estimated price of £648,990 means this house is valued at £5,954 per sq meter (£553 per sq foot).
The average size of a house on WOKING ROAD is 96 sq meters (1,037 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitemore Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Whitemore Road |
Mar 2024 | Other theft | Under investigation | On or near Whitemore Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Whitemore Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitemore Road |