£1,393,254
This estimated value is based upon the latest sale price for the house of £247,500 on 1 May 1995. 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 |
|---|---|
| £247,500 | 1 May 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for SURREY was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £247,500 results in an estimated price of approximately £1,393,254.
| 1 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £247,500 | £1,145,754 | £1,393,254 |
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 | 353.532 % | £874,992 | £1,122,492 |
| 3 Month Average | 436.667 % | £1,080,751 | £1,328,251 |
| 6 Month Average | 526.628 % | £1,303,403 | £1,550,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £2,633,674 | £2,600,000 | 4 PEWLEY HILL |
| 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 |
| 13 Jun 2022 | £1,552,946 | £1,531,000 | 5 SOUTH HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Poyle Road |
| Apr 2024 | Drugs | Awaiting court outcome | On or near South Hill |
| Apr 2024 | Other crime | Awaiting court outcome | On or near South Hill |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Hill |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Hill |