£291,554
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Jan 2022. 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 |
|---|---|
| £275,000 | 31 Jan 2022 |
| £192,950 | 12 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2022 the House Price Index for SURREY was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £275,000 results in an estimated price of approximately £291,554.
| 31 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £275,000 | £16,554 | £291,554 |
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 | -40.942 % | £-112,591 | £162,408 |
| 3 Month Average | -12.127 % | £-33,348 | £241,651 |
| 6 Month Average | -1.713 % | £-4,712 | £270,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £288,868 | £282,500 | 14 DRUMMOND ROAD |
| 23 Aug 2023 | £320,786 | £315,000 | 16 DRUMMOND COURT DRUMMOND ROAD |
| 2 Jun 2023 | £443,896 | £435,000 | 31 DRUMMOND ROAD |
| 1 Jun 2023 | £714,264 | £699,950 | 50 DAPDUNE ROAD |
| 22 Nov 2022 | £572,324 | £575,000 | 3 DAPDUNE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 May 2019. Using an estimated price of £291,555 means this house is valued at £5,026 per sq meter (£467 per sq foot).
The average size of a house on DRUMMOND ROAD is 68 sq meters (741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dapdune Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near George Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Road |
| Jun 2024 | Public order | Under investigation | On or near George Road |
| May 2024 | Anti-social behaviour | On or near George Road |