£2,038,976
This estimated value is based upon the latest sale price for the house of £2,007,650 on 25 Mar 2024. 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 |
|---|---|
| £2,007,650 | 25 Mar 2024 |
| Freehold |
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 2024 the House Price Index for SURREY was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £2,007,650 results in an estimated price of approximately £2,038,976.
| 25 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £2,007,650 | £31,326 | £2,038,976 |
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 | 3.004 % | £60,311 | £2,067,961 |
| 3 Month Average | 4.947 % | £99,321 | £2,106,971 |
| 6 Month Average | -3.893 % | £-78,158 | £1,929,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £700,000 | £700,000 | 63 HIGH RIDGE |
| 25 Mar 2024 | £2,038,977 | £2,007,650 | 1 ADMIRAL WAY |
| 8 Mar 2024 | £700,767 | £690,000 | 83 PULLMAN LANE |
| 1 Dec 2023 | £453,949 | £440,000 | 45 HIGH RIDGE |
| 27 Oct 2023 | £319,762 | £312,500 | 49 HIGH RIDGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Ashstead Lane | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grayling Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Barn View |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phillips Close |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Phillips Close |