£591,508
This estimated value is based upon the latest sale price for the house of £480,000 on 24 Oct 2018. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Victoria Road
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £480,000 | 24 Oct 2018 |
| £425,000 | 31 Jul 2013 |
| £395,000 | 5 Feb 2010 |
| £312,500 | 11 May 2007 |
| £185,000 | 22 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 949 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 2018 the House Price Index for SURREY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £480,000 results in an estimated price of approximately £591,508.
| 24 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £480,000 | £111,508 | £591,508 |
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 | -0.808 % | £-3,877 | £476,122 |
| 3 Month Average | 1.058 % | £5,078 | £485,078 |
| 6 Month Average | 17.689 % | £84,907 | £564,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £479,192 | £475,000 | 7 VICTORIA ROAD |
| 30 Jun 2023 | £409,966 | £405,000 | 45 CATTESHALL LANE |
| 30 Jun 2023 | £518,784 | £512,500 | 62 SOUTH HILL |
| 17 Aug 2022 | £508,631 | £510,000 | 33 VICTORIA ROAD |
| 12 Aug 2022 | £643,268 | £645,000 | 1 CAMARGUE PLACE |
This house has a floor area of 88 sq meters or 949 sq feet when measured on 14 Dec 2009. Using an estimated price of £591,509 means this house is valued at £6,705 per sq meter (£622 per sq foot).
The average size of a house on CATTESHALL LANE is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |
| Mar 2024 | Anti-social behaviour | On or near South Hill | |
| Mar 2024 | Anti-social behaviour | On or near South Hill |