£799,841
This estimated value is based upon the latest sale price for the house of £740,000 on 28 Jun 2021. 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 |
|---|---|
| £740,000 | 28 Jun 2021 |
| £560,000 | 26 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2021 the House Price Index for SURREY was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £740,000 results in an estimated price of approximately £799,841.
| 28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £740,000 | £59,841 | £799,841 |
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 | -8.902 % | £-65,874 | £674,125 |
| 3 Month Average | -9.133 % | £-67,587 | £672,412 |
| 6 Month Average | -5.442 % | £-40,271 | £699,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £1,299,973 | £1,280,000 | 7 QUARTERMILE ROAD |
| 4 Sep 2023 | £996,978 | £975,000 | 14 PARK ROAD |
| 31 Aug 2023 | £1,069,286 | £1,050,000 | 10 MAPLEHATCH CLOSE |
| 9 Aug 2023 | £1,069,501 | £1,050,211 | 19 QUARTERMILE ROAD |
| 10 Mar 2023 | £330,520 | £325,000 | LOWER MAISONETTE 1 HEATHFIELD CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 14 Oct 2013. Using an estimated price of £799,841 means this house is valued at £6,955 per sq meter (£646 per sq foot).
The average size of a house on MAPLEHATCH CLOSE is 167 sq meters (1,801 sq feet).
This house is the smallest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Chase |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tuesley Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tuesley Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |