£536,505
This estimated value is based upon the latest sale price for the house of £400,000 on 23 Aug 2016. 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 |
|---|---|
| £400,000 | 23 Aug 2016 |
| £86,500 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2016 the House Price Index for SURREY was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £400,000 results in an estimated price of approximately £536,505.
| 23 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £400,000 | £136,505 | £536,505 |
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 | -3.626 % | £-14,502 | £385,497 |
| 3 Month Average | 13.268 % | £53,073 | £453,073 |
| 6 Month Average | 23.937 % | £95,749 | £495,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £540,000 | £540,000 | 66 HARE LANE |
| 16 Jun 2023 | £433,691 | £425,000 | 70 KINGS ROAD |
| 25 Jan 2023 | £488,806 | £487,500 | 129 KINGS ROAD |
| 17 Aug 2022 | £401,879 | £400,000 | 64 KINGS ROAD |
| 5 Aug 2022 | £396,856 | £395,000 | 42 KINGS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 May 2016. Using an estimated price of £536,505 means this house is valued at £6,623 per sq meter (£615 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 |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St John'S Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near St John'S Street |