£475,754
This estimated value is based upon the latest sale price for the house of £280,000 on 8 Mar 2010. 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 |
|---|---|
| £280,000 | 8 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 919 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 March 2010 the House Price Index for SURREY was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £280,000 results in an estimated price of approximately £475,754.
| 8 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £280,000 | £195,754 | £475,754 |
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 | 75.088 % | £210,247 | £490,247 |
| 3 Month Average | 94.799 % | £265,436 | £545,436 |
| 6 Month Average | 72.503 % | £203,007 | £483,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £539,722 | £535,000 | 2 MARY ROAD |
| 11 Aug 2023 | £371,248 | £368,000 | 20 LEAS ROAD |
| 4 Aug 2023 | £403,530 | £400,000 | 32 LEAS ROAD |
| 28 Apr 2023 | £288,102 | £285,000 | 3 WEY VIEW COURT WALNUT TREE CLOSE |
| 28 Apr 2023 | £283,048 | £280,000 | 6B LEAS ROAD |
This house has a floor area of 85 sq meters or 919 sq feet when measured on 29 Aug 2009. Using an estimated price of £475,755 means this house is valued at £5,568 per sq meter (£517 per sq foot).
The average size of a house on MARY ROAD is 84 sq meters (913 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mary Road | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Other crime | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |