£394,362
This estimated value is based upon the latest sale price for the house of £345,000 on 2 Dec 2020. 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 |
|---|---|
| £345,000 | 2 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 December 2020 the House Price Index for SURREY was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £345,000 results in an estimated price of approximately £394,362.
| 2 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £345,000 | £49,362 | £394,362 |
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 | -25.916 % | £-89,408 | £255,591 |
| 3 Month Average | -25.680 % | £-88,596 | £256,403 |
| 6 Month Average | -12.417 % | £-42,836 | £302,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £313,939 | £308,000 | 159 WALNUT TREE CLOSE |
| 26 May 2022 | £375,583 | £370,000 | FLAT 41 WEY CORNER WALNUT TREE CLOSE |
| 11 Mar 2022 | £102,176 | £99,000 | FLAT 9 WEY CORNER WALNUT TREE CLOSE |
| 20 Jun 2021 | £475,523 | £445,000 | FLAT 56 WEY CORNER WALNUT TREE CLOSE |
| 2 Dec 2020 | £394,362 | £345,000 | 173 WALNUT TREE CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Jul 2020. Using an estimated price of £394,362 means this house is valued at £5,715 per sq meter (£530 per sq foot).
The average size of a house on WALNUT TREE CLOSE is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Unable to prosecute suspect | On or near Hillside Mews |
| Apr 2024 | Anti-social behaviour | On or near Hillside Mews | |
| Apr 2024 | Other theft | Under investigation | On or near Hillside Mews |
| Apr 2024 | Anti-social behaviour | On or near Hillside Mews | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hillside Mews |