£345,620
This estimated value is based upon the latest sale price for the house of £335,000 on 8 Dec 2023. 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 |
|---|---|
| £335,000 | 8 Dec 2023 |
| £142,000 | 10 Jul 2002 |
| £94,000 | 25 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2023 the House Price Index for SURREY was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £335,000 results in an estimated price of approximately £345,620.
| 8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £335,000 | £10,620 | £345,620 |
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 | 184.804 % | £619,094 | £954,094 |
| 3 Month Average | 24.707 % | £82,767 | £417,767 |
| 6 Month Average | 1.987 % | £6,654 | £341,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £345,620 | £335,000 | 140 SOUTHWAY |
| 5 Dec 2023 | £259,989 | £252,000 | 41 ROUNDHILL WAY |
| 16 Oct 2023 | £491,155 | £480,000 | 46 BEECH GROVE |
| 2 Oct 2023 | £387,808 | £379,000 | 126 SOUTHWAY |
| 14 Sep 2023 | £447,873 | £438,000 | 27 ROUNDHILL WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 5 Jun 2020. Using an estimated price of £345,620 means this house is valued at £5,486 per sq meter (£509 per sq foot).
The average size of a house on SOUTHWAY is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eastway |
| Oct 2024 | Shoplifting | Under investigation | On or near Eastway |
| Oct 2024 | Anti-social behaviour | On or near Eastway | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Eastway |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eastway |