£1,264,674
This estimated value is based upon the latest sale price for the house of £750,000 on 15 Mar 2013. 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 |
|---|---|
| £750,000 | 15 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 2013 the House Price Index for SURREY was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £750,000 results in an estimated price of approximately £1,264,674.
| 15 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £750,000 | £514,674 | £1,264,674 |
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 | 18.827 % | £141,203 | £891,203 |
| 3 Month Average | 56.945 % | £427,089 | £1,177,089 |
| 6 Month Average | 59.218 % | £444,132 | £1,194,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £497,646 | £490,000 | FLAT 30 CAESARS PLACE OCKFORD ROAD |
| 17 Oct 2023 | £317,204 | £310,000 | 16 LADYMERE PLACE |
| 30 Jun 2023 | £494,918 | £485,000 | 5 HARVEST HILL |
| 29 Jun 2023 | £699,008 | £685,000 | 30 OCKFORD ROAD |
| 3 Feb 2023 | £271,816 | £270,000 | 24 LADYMERE PLACE |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 1 May 2012. Using an estimated price of £1,264,674 means this house is valued at £6,987 per sq meter (£649 per sq foot).
The average size of a house on OCKFORD ROAD is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Parking Area |
| Aug 2024 | Public order | Under investigation | On or near Parking Area |
| Aug 2024 | Public order | Under investigation | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Summerhouse Close | |
| Sep 2024 | Anti-social behaviour | On or near Summerhouse Close |