£1,241,764
This estimated value is based upon the latest sale price for the house of £965,000 on 19 May 2017. 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 |
|---|---|
| £965,000 | 19 May 2017 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 2017 the House Price Index for SURREY was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £965,000 results in an estimated price of approximately £1,241,764.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £965,000 | £276,764 | £1,241,764 |
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 | 85.397 % | £824,079 | £1,789,079 |
| 3 Month Average | 4.853 % | £46,827 | £1,011,827 |
| 6 Month Average | 14.568 % | £140,582 | £1,105,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,256,993 | £1,235,000 | 19 POLTIMORE ROAD |
| 30 Nov 2023 | £1,725,547 | £1,700,000 | 104 WODELAND AVENUE |
| 4 Aug 2023 | £1,215,635 | £1,205,000 | ROWAN TREE HOUSE, 75 FARNHAM ROAD |
| 27 Jul 2023 | £709,550 | £700,000 | 24 AGRARIA ROAD |
| 7 Jul 2023 | £1,368,417 | £1,350,000 | 1 IVEAGH ROAD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 30 Oct 2013. Using an estimated price of £1,241,765 means this house is valued at £7,909 per sq meter (£734 per sq foot).
The average size of a house on FARNHAM ROAD is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Poltimore Road | |
| Jan 2024 | Anti-social behaviour | On or near Poltimore Road | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Poltimore Road |
| Jan 2024 | Anti-social behaviour | On or near Poltimore Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scillonian Road |