£1,062,405
This estimated value is based upon the latest sale price for the house of £860,000 on 25 Jan 2019. 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 |
|---|---|
| £860,000 | 25 Jan 2019 |
| £500,000 | 28 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 January 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £860,000 results in an estimated price of approximately £1,062,405.
| 25 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £860,000 | £202,405 | £1,062,405 |
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 | -11.284 % | £-97,040 | £762,959 |
| 3 Month Average | 12.632 % | £108,639 | £968,639 |
| 6 Month Average | 26.575 % | £228,545 | £1,088,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £490,947 | £485,000 | 5 HARVEST HILL |
| 29 Jun 2023 | £693,399 | £685,000 | 30 OCKFORD ROAD |
| 9 Sep 2022 | £376,956 | £380,000 | FLAT 3 THE MOUNT HOUSE, 16 BUSBRIDGE LANE |
| 29 Jul 2022 | £2,105,668 | £2,100,000 | LYNWODE SUMMERHOUSE ROAD |
| 6 Jul 2022 | £175,472 | £175,000 | FLAT 3 HILL HOUSE OCKFORD ROAD |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 10 May 2018. Using an estimated price of £1,062,406 means this house is valued at £5,837 per sq meter (£542 per sq foot).
The average size of a house on SUMMERHOUSE CLOSE is 216 sq meters (2,325 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Harvest Hill | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerhouse Road |
| 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 | Public order | Under investigation | On or near Parking Area |