£1,575,118
This estimated value is based upon the latest sale price for the house of £1,520,000 on 23 Mar 2022. 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 |
|---|---|
| £1,520,000 | 23 Mar 2022 |
| £780,000 | 25 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 203 sq meters or 2,185 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 March 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £1,520,000 results in an estimated price of approximately £1,575,118.
| 23 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £1,520,000 | £55,118 | £1,575,118 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | 90.980 % | £1,382,901 | £2,902,901 |
| 3 Month Average | -5.721 % | £-86,960 | £1,433,039 |
| 6 Month Average | 1.141 % | £17,349 | £1,537,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £857,698 | £845,000 | 15 AGRARIA ROAD |
| 28 Sep 2023 | £1,210,477 | £1,195,000 | 53 BRAY ROAD |
| 8 Sep 2023 | £577,382 | £570,000 | 21 BRAY ROAD |
| 27 Jul 2023 | £709,550 | £700,000 | 24 AGRARIA ROAD |
| 24 Apr 2023 | £743,000 | £735,000 | 44 AGRARIA ROAD |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 16 Aug 2021. Using an estimated price of £1,575,119 means this house is valued at £7,759 per sq meter (£720 per sq foot).
The average size of a house on FARNHAM ROAD is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Carroll Place |
| Mar 2024 | Other theft | Under investigation | On or near Annandale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Annandale Road |