£619,724
This estimated value is based upon the latest sale price for the house of £337,500 on 31 Jul 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 |
---|---|
£337,500 | 31 Jul 2009 |
£150,000 | 7 Jul 1999 |
Detached |
Freehold |
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 July 2009 the House Price Index for SURREY was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £337,500 results in an estimated price of approximately £619,724.
31 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.622 % | £337,500 | £282,224 | £619,724 |
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 | 80.434 % | £271,465 | £608,965 |
3 Month Average | 112.754 % | £380,544 | £718,044 |
6 Month Average | 113.043 % | £381,519 | £719,019 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £631,018 | £615,000 | 12 WEST MEADS |
16 Nov 2023 | £220,600 | £215,000 | FLAT 1 1 ORCHARD ROAD |
1 Nov 2023 | £1,005,524 | £980,000 | 13 WILDERNESS ROAD |
29 Aug 2023 | £875,796 | £860,000 | 18 WEST MEADS |
16 Aug 2023 | £1,227,133 | £1,205,000 | 21 ELLIS AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Ellis Avenue | |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ellis Avenue |
Sep 2024 | Anti-social behaviour | On or near Ellis Avenue | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Bannister'S Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Wilderness Road |