£982,283
This estimated value is based upon the latest sale price for the house of £561,500 on 31 Oct 2008. 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 |
|---|---|
| £561,500 | 31 Oct 2008 |
| £149,950 | 22 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2008 the House Price Index for SURREY was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £561,500 results in an estimated price of approximately £982,283.
| 31 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £561,500 | £420,783 | £982,283 |
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 | 46.016 % | £258,377 | £819,877 |
| 3 Month Average | 46.231 % | £259,584 | £821,084 |
| 6 Month Average | 68.828 % | £386,467 | £947,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £987,628 | £975,000 | 14 PARK ROAD |
| 21 Jul 2023 | £1,378,554 | £1,360,000 | 23 PARK ROAD |
| 16 Jun 2023 | £885,729 | £875,000 | 104 BUSBRIDGE LANE |
| 23 Mar 2023 | £1,236,651 | £1,225,000 | 30 CROWNPITS LANE |
| 26 Aug 2022 | £1,052,168 | £1,055,000 | 27 CROWNPITS LANE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Jan 2019. Using an estimated price of £982,284 means this house is valued at £9,011 per sq meter (£837 per sq foot).
The average size of a house on BUSBRIDGE LANE is 138 sq meters (1,488 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakdene Road |