£1,056,636
This estimated value is based upon the latest sale price for the house of £1,050,211 on 9 Aug 2023. 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 |
|---|---|
| £1,050,211 | 9 Aug 2023 |
| £745,000 | 1 May 2015 |
| £120,000 | 21 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 220 sq meters or 2,368 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 August 2023 the House Price Index for SURREY was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £1,050,211 results in an estimated price of approximately £1,056,636.
| 9 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £1,050,211 | £6,425 | £1,056,636 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | -61.509 % | £-645,971 | £404,239 |
| 3 Month Average | -23.203 % | £-243,678 | £806,532 |
| 6 Month Average | -5.948 % | £-62,467 | £987,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £1,284,339 | £1,280,000 | 7 QUARTERMILE ROAD |
| 31 Aug 2023 | £1,056,424 | £1,050,000 | 10 MAPLEHATCH CLOSE |
| 9 Aug 2023 | £1,056,637 | £1,050,211 | 19 QUARTERMILE ROAD |
| 6 Jul 2023 | £959,072 | £950,000 | 9A QUARTERMILE ROAD |
| 10 Mar 2023 | £326,766 | £325,000 | LOWER MAISONETTE 1 HEATHFIELD CLOSE |
This house has a floor area of 220 sq meters or 2,368 sq feet when measured on 15 May 2014. Using an estimated price of £1,056,637 means this house is valued at £4,802 per sq meter (£446 per sq foot).
The average size of a house on QUARTERMILE ROAD is 189 sq meters (2,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grayling Close |
| Feb 2024 | Anti-social behaviour | On or near Grayling Close | |
| Feb 2024 | Anti-social behaviour | On or near Grayling Close |