£1,611,286
This estimated value is based upon the latest sale price for the house of £950,000 on 22 Jun 2012. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £950,000 | 22 Jun 2012 |
| £160,000 | 26 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 258 sq meters or 2,784 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 2012 the House Price Index for SURREY was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £950,000 results in an estimated price of approximately £1,611,286.
| 22 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £950,000 | £661,286 | £1,611,286 |
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 | 13.763 % | £130,746 | £1,080,746 |
| 3 Month Average | 36.804 % | £349,642 | £1,299,642 |
| 6 Month Average | 69.710 % | £662,249 | £1,612,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £360,800 | £362,500 | 76A HIGH STREET |
| 2 Nov 2022 | £613,568 | £621,000 | SEYMOUR HOUSE LOWER SOUTH STREET |
| 16 Aug 2022 | £246,836 | £247,500 | FLAT A 17 CROFT ROAD |
| 22 Jul 2022 | £300,810 | £300,000 | FLAT 3 HART HOUSE LOWER SOUTH STREET |
| 10 Jun 2022 | £370,232 | £365,000 | FLAT 1 HART HOUSE LOWER SOUTH STREET |
This house has a floor area of 258 sq meters or 2,784 sq feet when measured on 8 Mar 2012. Using an estimated price of £1,611,287 means this house is valued at £6,227 per sq meter (£578 per sq foot).
The average size of a house on SOUTH STREET is 170 sq meters (1,839 sq feet).
This house is the largest in the street with a floor area of 258 sq meters (2,784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near South Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Flambard Way |
| Feb 2024 | Drugs | Local resolution | On or near Flambard Way |
| Apr 2024 | Public order | Under investigation | On or near High Street |