£512,049
This estimated value is based upon the latest sale price for the house of £395,000 on 19 May 2017. 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 |
|---|---|
| £395,000 | 19 May 2017 |
| £250,000 | 30 Aug 2013 |
| £132,000 | 2 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2017 the House Price Index for SURREY was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £395,000 results in an estimated price of approximately £512,049.
| 19 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £395,000 | £117,049 | £512,049 |
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 | -18.481 % | £-73,000 | £321,999 |
| 3 Month Average | 24.326 % | £96,089 | £491,089 |
| 6 Month Average | 15.323 % | £60,527 | £455,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £575,000 | £575,000 | 8 LIME GROVE |
| 21 Aug 2023 | £463,357 | £455,000 | 45 LIME GROVE |
| 25 Apr 2023 | £397,434 | £390,000 | 30A LIME GROVE |
| 16 Jan 2023 | £457,222 | £456,000 | 40 LIME GROVE |
| 13 Apr 2022 | £331,975 | £320,000 | 77 LIME GROVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 Mar 2013. Using an estimated price of £512,050 means this house is valued at £5,818 per sq meter (£540 per sq foot).
The average size of a house on LIME GROVE is 102 sq meters (1,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Maytree Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maytree Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lime Grove |
| Jul 2024 | Vehicle crime | Under investigation | On or near Lime Grove |
| Jul 2024 | Vehicle crime | Under investigation | On or near Rowan Close |