£666,614
This estimated value is based upon the latest sale price for the house of £521,000 on 30 Aug 2017. 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 |
|---|---|
| £521,000 | 30 Aug 2017 |
| 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 August 2017 the House Price Index for SURREY was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £521,000 results in an estimated price of approximately £666,614.
| 30 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £521,000 | £145,614 | £666,614 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 12.475 % | £64,996 | £585,996 |
| 3 Month Average | 8.166 % | £42,545 | £563,545 |
| 6 Month Average | 0.931 % | £4,851 | £525,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £450,000 | £450,000 | 29 PENNINGS AVENUE |
| 10 Feb 2023 | £276,849 | £275,000 | 1 HEATHERMOUNT BROAD STREET |
| 31 Jan 2023 | £506,353 | £505,000 | 23 PENNINGS AVENUE |
| 9 Sep 2022 | £504,663 | £505,000 | 8 BROAD STREET |
| 20 Jul 2022 | £429,302 | £425,000 | 2 RYDES HILL ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 26 Apr 2017. Using an estimated price of £666,615 means this house is valued at £6,115 per sq meter (£568 per sq foot).
The average size of a house on BROAD STREET is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennings Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Broomfield Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cater Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Peterborough Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peterborough Road |