£1,041,501
This estimated value is based upon the latest sale price for the house of £845,000 on 21 Feb 2020. 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 |
|---|---|
| £845,000 | 21 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 2020 the House Price Index for SURREY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £845,000 results in an estimated price of approximately £1,041,501.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £845,000 | £196,501 | £1,041,501 |
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 | 52.408 % | £442,843 | £1,287,843 |
| 3 Month Average | 40.987 % | £346,339 | £1,191,339 |
| 6 Month Average | 33.829 % | £285,855 | £1,130,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £753,143 | £730,000 | 25 HEDGEWAY |
| 21 Apr 2023 | £690,414 | £677,500 | 27 CURLING VALE |
| 17 Mar 2023 | £749,517 | £737,000 | 65 CURLING VALE |
| 25 Nov 2022 | £1,055,067 | £1,060,000 | 9 VICARAGE GATE |
| 31 Aug 2022 | £805,265 | £801,500 | 55 CURLING VALE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 8 Oct 2018. Using an estimated price of £1,041,502 means this house is valued at £6,429 per sq meter (£597 per sq foot).
The average size of a house on VICARAGE GATE is 173 sq meters (1,862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bannister'S Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Litchfield Way |
| 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 |
| Aug 2024 | Anti-social behaviour | On or near East Meads |