£1,016,482
This estimated value is based upon the latest sale price for the house of £822,500 on 6 Dec 2019. 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 |
|---|---|
| £822,500 | 6 Dec 2019 |
| £393,500 | 23 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 December 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £822,500 results in an estimated price of approximately £1,016,482.
| 6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £822,500 | £193,982 | £1,016,482 |
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 | -22.296 % | £-183,386 | £639,113 |
| 3 Month Average | 0.211 % | £1,735 | £824,235 |
| 6 Month Average | 20.404 % | £167,826 | £990,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £996,978 | £975,000 | 14 PARK ROAD |
| 31 Aug 2023 | £1,069,286 | £1,050,000 | 10 MAPLEHATCH CLOSE |
| 10 Mar 2023 | £330,520 | £325,000 | LOWER MAISONETTE 1 HEATHFIELD CLOSE |
| 29 Jul 2022 | £1,213,156 | £1,201,000 | 29 PARK ROAD |
| 4 Apr 2022 | £1,037,422 | £1,000,000 | 33 MAPLEHATCH CLOSE |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 19 Sep 2019. Using an estimated price of £1,016,483 means this house is valued at £5,678 per sq meter (£527 per sq foot).
The average size of a house on PARK ROAD is 139 sq meters (1,496 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| 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 |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Chase |