£450,721
This estimated value is based upon the latest sale price for the house of £417,000 on 15 Jun 2021. 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 |
|---|---|
| £417,000 | 15 Jun 2021 |
| £325,000 | 27 Nov 2015 |
| £250,000 | 7 Oct 2013 |
| £140,000 | 19 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 June 2021 the House Price Index for SURREY was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £417,000 results in an estimated price of approximately £450,721.
| 15 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £417,000 | £33,721 | £450,721 |
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 | -15.776 % | £-65,784 | £351,215 |
| 3 Month Average | 1.249 % | £5,207 | £422,207 |
| 6 Month Average | -1.449 % | £-6,042 | £410,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £395,027 | £385,000 | 177 STOUGHTON ROAD |
| 5 Apr 2023 | £535,007 | £525,000 | 2 RIVER CLOSE |
| 27 Feb 2023 | £382,505 | £379,950 | 5 CYPRESS ROAD |
| 19 Aug 2022 | £452,114 | £450,000 | 7 WEYSIDE ROAD |
| 8 Aug 2022 | £582,725 | £580,000 | 191 STOUGHTON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Apr 2017. Using an estimated price of £450,721 means this house is valued at £6,934 per sq meter (£644 per sq foot).
The average size of a house on STOUGHTON ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Berberis Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Berberis Close |
| Jul 2024 | Anti-social behaviour | On or near Berberis Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Berberis Close |
| Jul 2024 | Anti-social behaviour | On or near Berberis Close |