£464,564
This estimated value is based upon the latest sale price for the house of £377,000 on 23 Nov 2018. 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 |
|---|---|
| £377,000 | 23 Nov 2018 |
| £101,500 | 26 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 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 23.227%.Applying this 23.227% change to the original purchase price of £377,000 results in an estimated price of approximately £464,564.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £377,000 | £87,564 | £464,564 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 96.578 % | £364,097 | £741,097 |
| 3 Month Average | 34.836 % | £131,332 | £508,332 |
| 6 Month Average | 14.754 % | £55,621 | £432,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £303,885 | £300,000 | 59 BROADACRES |
| 25 Aug 2023 | £494,325 | £490,000 | 92 BROADACRES |
| 22 Nov 2022 | £521,681 | £528,000 | 32 OAKFIELDS |
| 5 Aug 2022 | £388,903 | £389,950 | 63 BROADACRES |
| 9 Mar 2022 | £339,894 | £328,000 | 58 RYE CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Aug 2018. Using an estimated price of £464,564 means this house is valued at £5,955 per sq meter (£553 per sq foot).
The average size of a house on BROADACRES is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Barn Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Barn Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Barn Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Waggon Close |
| Mar 2024 | Anti-social behaviour | On or near Waggon Close |