£735,765
This estimated value is based upon the latest sale price for the house of £415,000 on 15 Oct 2009. 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 |
|---|---|
| £415,000 | 15 Oct 2009 |
| £395,000 | 3 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,008 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 October 2009 the House Price Index for SURREY was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £415,000 results in an estimated price of approximately £735,765.
| 15 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £415,000 | £320,765 | £735,765 |
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 | 17.823 % | £73,964 | £488,964 |
| 3 Month Average | 59.359 % | £246,340 | £661,340 |
| 6 Month Average | 78.312 % | £324,994 | £739,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £873,419 | £860,000 | 112 BINSCOMBE |
| 21 Aug 2023 | £368,140 | £361,500 | 15 CHERRY TREE LANE |
| 21 Aug 2023 | £264,775 | £260,000 | 19 REDWING AVENUE |
| 6 Jan 2023 | £867,317 | £865,000 | 125 BINSCOMBE |
| 23 Jun 2022 | £1,650,276 | £1,615,000 | 4 MCALMONT RIDGE |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 10 Nov 2008. Using an estimated price of £735,766 means this house is valued at £7,856 per sq meter (£729 per sq foot).
The average size of a house on BINSCOMBE is 116 sq meters (1,254 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Cherry Tree Lane |
| Aug 2024 | Anti-social behaviour | On or near Cherry Tree Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cherry Tree Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cherry Tree Lane | |
| Aug 2024 | Anti-social behaviour | On or near Copse Side |