£429,644
This estimated value is based upon the latest sale price for the house of £240,000 on 28 Feb 2006. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £240,000 | 28 Feb 2006 |
| £157,000 | 12 Nov 1999 |
| £137,000 | 6 Feb 1998 |
| £103,000 | 18 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 943 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 February 2006 the House Price Index for SURREY was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £240,000 results in an estimated price of approximately £429,644.
| 28 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £240,000 | £189,644 | £429,644 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | 62.811 % | £150,746 | £390,746 |
| 3 Month Average | 110.303 % | £264,728 | £504,728 |
| 6 Month Average | 108.433 % | £260,239 | £500,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £378,000 | £378,000 | 35 WHITFIELD CLOSE |
| 28 Mar 2024 | £469,717 | £462,500 | 1 FAIRBORNE WAY |
| 30 Aug 2023 | £450,118 | £442,000 | 26 MANDEVILLE CLOSE |
| 2 Feb 2023 | £578,867 | £575,000 | 21 CARDWELLS KEEP |
| 12 Aug 2022 | £452,114 | £450,000 | 25 MANDEVILLE CLOSE |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 20 Jan 2011. Using an estimated price of £429,644 means this house is valued at £4,899 per sq meter (£455 per sq foot).
The average size of a house on FAIRBORNE WAY is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Whitfield Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Whitfield Close |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Whitfield Close |
| Jul 2024 | Anti-social behaviour | On or near Whitfield Close | |
| Jul 2024 | Anti-social behaviour | On or near Whitfield Close |