£471,093
This estimated value is based upon the latest sale price for the house of £295,000 on 25 May 2007. 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 |
|---|---|
| £295,000 | 25 May 2007 |
| £230,512 | 20 Dec 2004 |
| Terraced |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 2007 the House Price Index for SURREY was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £295,000 results in an estimated price of approximately £471,093.
| 25 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £295,000 | £176,093 | £471,093 |
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 | 35.049 % | £103,393 | £398,393 |
| 3 Month Average | 47.528 % | £140,206 | £435,206 |
| 6 Month Average | 81.002 % | £238,954 | £533,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £496,346 | £490,000 | DRUMLIN BALLFIELD ROAD |
| 3 Aug 2023 | £438,839 | £435,000 | 2 WESTON HOUSE BALLFIELD ROAD |
| 20 Jul 2022 | £431,161 | £430,000 | 14 HILL COURT BALLFIELD ROAD |
| 1 Jul 2022 | £561,512 | £560,000 | SUMBU UPPER MANOR ROAD |
| 14 Apr 2022 | £337,774 | £328,000 | FLAT 1 3 ORMONDE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 Sep 2021. Using an estimated price of £471,094 means this house is valued at £4,710 per sq meter (£437 per sq foot).
The average size of a house on BALLFIELD ROAD is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Ballfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Ballfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Ballfield Road | |
| Feb 2024 | Burglary | Under investigation | On or near Cleveland Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcote |