£756,210
This estimated value is based upon the latest sale price for the house of £137,500 on 23 Sep 1996. 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 |
|---|---|
| £137,500 | 23 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 September 1996 the House Price Index for SURREY was 26.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 449.972%.Applying this 449.972% change to the original purchase price of £137,500 results in an estimated price of approximately £756,210.
| 23 Sep 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 148.0 | 449.972 % | £137,500 | £618,710 | £756,210 |
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 | 310.855 % | £427,425 | £564,925 |
| 3 Month Average | 360.494 % | £495,679 | £633,179 |
| 6 Month Average | 433.145 % | £595,574 | £733,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £251,872 | £250,000 | FLAT 5 FARLEIGH RAMSDEN ROAD |
| 10 Nov 2022 | £1,166,090 | £1,185,000 | BEARSDEN TUESLEY LANE |
| 19 Aug 2022 | £147,503 | £148,500 | FLAT 2 BEECHCROFT, 46 BUSBRIDGE LANE |
| 7 Dec 2021 | £258,226 | £242,000 | FLAT 8-9 BEECHCROFT, 46 BUSBRIDGE LANE |
| 29 Apr 2021 | £556,687 | £495,000 | TORCROSS TUESLEY LANE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 30 Apr 2014. Using an estimated price of £756,211 means this house is valued at £7,134 per sq meter (£662 per sq foot).
The average size of a house on BEECH WAY is 166 sq meters (1,791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakdene Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grosvenor Road |