£606,284
This estimated value is based upon the latest sale price for the house of £405,000 on 16 Jan 2015. 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 |
|---|---|
| £405,000 | 16 Jan 2015 |
| £106,500 | 24 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 January 2015 the House Price Index for SURREY was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £405,000 results in an estimated price of approximately £606,284.
| 16 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £405,000 | £201,284 | £606,284 |
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 | -18.838 % | £-76,293 | £328,706 |
| 3 Month Average | 28.770 % | £116,517 | £521,517 |
| 6 Month Average | 36.533 % | £147,958 | £552,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £427,714 | £418,000 | 57 KINGS ROAD |
| 16 Jun 2023 | £433,691 | £425,000 | 70 KINGS ROAD |
| 25 Jan 2023 | £488,806 | £487,500 | 129 KINGS ROAD |
| 19 Aug 2022 | £527,466 | £525,000 | 11 TANNERS MEWS |
| 17 Aug 2022 | £401,879 | £400,000 | 64 KINGS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 15 Aug 2014. Using an estimated price of £606,285 means this house is valued at £6,812 per sq meter (£632 per sq foot).
The average size of a house on KINGS ROAD is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bramswell Road |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bramswell Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near St John'S Street |