£490,819
This estimated value is based upon the latest sale price for the house of £480,000 on 28 Sep 2023. 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 |
|---|---|
| £480,000 | 28 Sep 2023 |
| Terraced |
| 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 September 2023 the House Price Index for SURREY was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £480,000 results in an estimated price of approximately £490,819.
| 28 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £480,000 | £10,819 | £490,819 |
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 | -24.869 % | £-119,372 | £360,627 |
| 3 Month Average | -21.585 % | £-103,608 | £376,391 |
| 6 Month Average | -17.311 % | £-83,092 | £396,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £395,027 | £385,000 | 35 BIRCH ROAD |
| 23 Oct 2023 | £501,388 | £490,000 | 2 BROOKFIELD |
| 28 Sep 2023 | £490,820 | £480,000 | 1 BROOKFIELD |
| 27 Mar 2023 | £457,643 | £450,000 | 5 ROWBURY |
| 21 Nov 2022 | £582,277 | £585,000 | 24 BIRCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookfield |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookfield |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookfield |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Brookfield |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Brookfield |