£512,678
This estimated value is based upon the latest sale price for the house of £270,000 on 1 Oct 2004. 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 |
|---|---|
| £270,000 | 1 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2004 the House Price Index for SURREY was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £270,000 results in an estimated price of approximately £512,678.
| 1 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £270,000 | £242,678 | £512,678 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 88.992 % | £240,277 | £510,277 |
| 3 Month Average | 97.223 % | £262,502 | £532,502 |
| 6 Month Average | 75.738 % | £204,492 | £474,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £268,982 | £265,000 | FLAT 2 12 RECREATION ROAD |
| 31 Mar 2022 | £207,252 | £200,000 | FLAT 3 12 RECREATION ROAD |
| 7 Dec 2021 | £492,833 | £460,000 | 18 CHESTNUT ROAD |
| 30 Sep 2021 | £581,900 | £540,000 | 11 CHESTNUT ROAD |
| 29 Sep 2021 | £856,686 | £795,000 | 18 STOCTON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Jun 2015. Using an estimated price of £512,679 means this house is valued at £6,103 per sq meter (£567 per sq foot).
The average size of a house on BICKNELL CLOSE is 90 sq meters (973 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bicknell Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Linden Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Linden Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Linden Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Linden Road |