£1,476,514
This estimated value is based upon the latest sale price for the house of £955,000 on 22 May 2014. 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 |
|---|---|
| £955,000 | 22 May 2014 |
| £695,000 | 19 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 490 sq meters or 5,274 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 May 2014 the House Price Index for SURREY was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £955,000 results in an estimated price of approximately £1,476,514.
| 22 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £955,000 | £521,514 | £1,476,514 |
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 | -4.151 % | £-39,639 | £915,360 |
| 3 Month Average | -4.511 % | £-43,082 | £911,917 |
| 6 Month Average | 21.893 % | £209,082 | £1,164,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £2,633,674 | £2,600,000 | 4 PEWLEY HILL |
| 25 Aug 2023 | £2,342,997 | £2,322,500 | 12 WARWICKS BENCH |
| 11 Aug 2023 | £1,303,403 | £1,292,000 | 27 PEWLEY HILL |
| 21 Feb 2023 | £2,103,584 | £2,105,000 | 1 POYLE ROAD |
| 4 Oct 2022 | £925,040 | £935,000 | 5 PEWLEY HILL |
This house has a floor area of 490 sq meters or 5,274 sq feet when measured on 7 Dec 2015. Using an estimated price of £1,476,514 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on POYLE ROAD is 299 sq meters (3,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Hill |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pewley Point |
| Mar 2024 | Burglary | Under investigation | On or near Fort Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Semaphore Road |