£361,766
This estimated value is based upon the latest sale price for the house of £355,000 on 28 Apr 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 |
|---|---|
| £355,000 | 28 Apr 2023 |
| £335,000 | 25 May 2016 |
| £215,000 | 8 Oct 2010 |
| £162,500 | 11 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 730 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 April 2023 the House Price Index for SURREY was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £355,000 results in an estimated price of approximately £361,766.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £355,000 | £6,766 | £361,766 |
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 | -41.960 % | £-148,958 | £206,041 |
| 3 Month Average | -7.926 % | £-28,135 | £326,864 |
| 6 Month Average | -7.360 % | £-26,129 | £328,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £348,715 | £338,000 | 138 WORPLESDON ROAD |
| 24 Nov 2023 | £405,288 | £395,000 | 148 WORPLESDON ROAD |
| 23 Jun 2023 | £260,215 | £255,000 | 22 STRATTON COURT WORPLESDON ROAD |
| 28 Apr 2023 | £361,767 | £355,000 | 144 WORPLESDON ROAD |
| 31 Mar 2023 | £198,312 | £195,000 | 20 STRATTON COURT WORPLESDON ROAD |
This house has a floor area of 67 sq meters or 730 sq feet when measured on 3 Apr 2009. Using an estimated price of £361,767 means this house is valued at £5,327 per sq meter (£494 per sq foot).
The average size of a house on WORPLESDON ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Barrack Road | |
| Sep 2024 | Public order | Under investigation | On or near Barrack Road |
| Aug 2024 | Public order | Under investigation | On or near Barrack Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen'S Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martin Road |