£337,904
This estimated value is based upon the latest sale price for the house of £275,000 on 22 Jan 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £275,000 | 22 Jan 2020 |
| £233,000 | 21 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 749 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 January 2020 the House Price Index for SURREY was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £275,000 results in an estimated price of approximately £337,904.
| 22 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £275,000 | £62,904 | £337,904 |
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 | -22.268 % | £-61,236 | £213,763 |
| 3 Month Average | 1.399 % | £3,848 | £278,848 |
| 6 Month Average | 3.934 % | £10,817 | £285,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £309,511 | £300,000 | 61 FARADAY ROAD |
| 22 Nov 2023 | £297,553 | £290,000 | 49 FARADAY ROAD |
| 20 Nov 2023 | £302,683 | £295,000 | 26 FARADAY ROAD |
| 1 Nov 2023 | £7,233,619 | £7,050,000 | MAGNET LTD WOODBRIDGE ROAD |
| 29 Sep 2023 | £230,072 | £225,000 | 74 FARADAY ROAD |
This house has a floor area of 69 sq meters or 749 sq feet when measured on 27 Jan 2010. Using an estimated price of £337,904 means this house is valued at £4,854 per sq meter (£451 per sq foot).
The average size of a house on FARADAY ROAD is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |