£340,472
This estimated value is based upon the latest sale price for the house of £315,000 on 25 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 |
|---|---|
| £315,000 | 25 Jun 2021 |
| £237,500 | 3 Jun 2011 |
| £210,000 | 19 Sep 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 801 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 £315,000 results in an estimated price of approximately £340,472.
| 25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £315,000 | £25,472 | £340,472 |
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 | -12.890 % | £-40,602 | £274,397 |
| 3 Month Average | 6.320 % | £19,909 | £334,909 |
| 6 Month Average | 7.757 % | £24,434 | £339,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £712,806 | £699,950 | 18 HENDERSON AVENUE |
| 15 Aug 2023 | £371,704 | £365,000 | 134 GRANGE ROAD |
| 7 Aug 2023 | £567,740 | £557,500 | 6 WHATELEY CLOSE |
| 3 Apr 2023 | £708,247 | £695,000 | 12 WHATELEY CLOSE |
| 9 Feb 2023 | £427,858 | £425,000 | 20 HALLOWES CLOSE |
This house has a floor area of 74 sq meters or 801 sq feet when measured on 14 Jan 2011. Using an estimated price of £340,473 means this house is valued at £4,575 per sq meter (£425 per sq foot).
The average size of a house on HENDERSON AVENUE is 119 sq meters (1,286 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Henderson Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Henderson Avenue | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crowcroft Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crowcroft Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hallowes Close |