£407,969
This estimated value is based upon the latest sale price for the house of £234,950 on 20 Dec 2011. 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 |
---|---|
£234,950 | 20 Dec 2011 |
£128,100 | 23 Dec 2009 |
£58,500 | 18 Aug 2005 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 819 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 2011 the House Price Index for SURREY was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £234,950 results in an estimated price of approximately £407,969.
20 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £234,950 | £173,019 | £407,969 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | 41.312 % | £97,062 | £332,012 |
3 Month Average | 73.211 % | £172,009 | £406,959 |
6 Month Average | 66.657 % | £156,609 | £391,559 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2024 | £400,000 | £400,000 | 10 CARDAMOM CLOSE |
15 Dec 2023 | £82,485 | £79,950 | 47 REEVE COURT TARRAGON DRIVE |
6 Nov 2023 | £461,720 | £450,000 | 30 ANGELICA ROAD |
31 Aug 2023 | £478,633 | £470,000 | 290 WORPLESDON ROAD |
23 Jun 2022 | £526,249 | £515,000 | 245 WORPLESDON ROAD |
This house has a floor area of 76 sq meters or 819 sq feet when measured on 22 Sep 2011. Using an estimated price of £407,969 means this house is valued at £5,360 per sq meter (£498 per sq foot).
The average size of a house on TARRAGON DRIVE is 46 sq meters (496 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Marjoram Close | |
Sep 2024 | Anti-social behaviour | On or near Marjoram Close | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marjoram Close |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Marjoram Close |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Cardamom Close |