£621,856
This estimated value is based upon the latest sale price for the house of £457,000 on 24 Mar 2016. 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 |
|---|---|
| £457,000 | 24 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 March 2016 the House Price Index for SURREY was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £457,000 results in an estimated price of approximately £621,856.
| 24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £457,000 | £164,856 | £621,856 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | 8.669 % | £39,615 | £496,615 |
| 3 Month Average | 25.193 % | £115,130 | £572,130 |
| 6 Month Average | 23.845 % | £108,972 | £565,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £600,212 | £595,000 | 6 MAY CLOSE |
| 10 Apr 2024 | £529,599 | £525,000 | 31 PORTSMOUTH ROAD |
| 8 Apr 2024 | £428,723 | £425,000 | 28 PORTSMOUTH ROAD |
| 25 Aug 2023 | £572,832 | £562,500 | 7 MILTONS CRESCENT |
| 13 Jun 2023 | £622,474 | £610,000 | 12 HAWTHORN ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 16 Oct 2015. Using an estimated price of £621,856 means this house is valued at £6,545 per sq meter (£608 per sq foot).
The average size of a house on HAWTHORN ROAD is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near May Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near May Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Laurel Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Laurel Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Close |