£700,152
This estimated value is based upon the latest sale price for the house of £249,990 on 24 Jul 2002. 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 |
|---|---|
| £249,990 | 24 Jul 2002 |
| £159,950 | 17 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2002 the House Price Index for SURREY was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £249,990 results in an estimated price of approximately £700,152.
| 24 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £249,990 | £450,162 | £700,152 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 82.700 % | £206,742 | £456,732 |
| 3 Month Average | 136.773 % | £341,918 | £591,908 |
| 6 Month Average | 122.766 % | £306,902 | £556,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £539,722 | £535,000 | 2 MARY ROAD |
| 11 Aug 2023 | £371,248 | £368,000 | 20 LEAS ROAD |
| 4 Aug 2023 | £403,530 | £400,000 | 32 LEAS ROAD |
| 28 Apr 2023 | £283,048 | £280,000 | 6B LEAS ROAD |
| 24 Apr 2023 | £601,476 | £595,000 | 6 MARY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Nov 2018. Using an estimated price of £700,153 means this house is valued at £7,693 per sq meter (£714 per sq foot).
The average size of a house on WILLIAM ROAD is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leas Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leas Road |
| Mar 2024 | Anti-social behaviour | On or near Wharf Road |