£364,756
This estimated value is based upon the latest sale price for the house of £365,000 on 23 Sep 2022. 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 |
---|---|
£365,000 | 23 Sep 2022 |
£269,950 | 8 May 2015 |
£209,000 | 18 Jul 2007 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 September 2022 the House Price Index for SURREY was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £365,000 results in an estimated price of approximately £364,756.
23 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.8 | 149.7 | -0.067 % | £365,000 | £-243 | £364,756 |
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 | -11.968 % | £-43,682 | £321,317 |
3 Month Average | -5.848 % | £-21,345 | £343,654 |
6 Month Average | 5.818 % | £21,236 | £386,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £457,022 | £450,000 | 64 BROADACRES |
1 Sep 2023 | £306,762 | £300,000 | 59 BROADACRES |
26 Jan 2023 | £372,997 | £372,000 | 20 BROADACRES |
14 Oct 2022 | £259,134 | £260,000 | 37 RYE CLOSE |
23 Sep 2022 | £364,756 | £365,000 | 19 RYE CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Feb 2020. Using an estimated price of £364,756 means this house is valued at £4,863 per sq meter (£451 per sq foot).
The average size of a house on RYE CLOSE is 83 sq meters (903 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Rye Close | |
Sep 2024 | Anti-social behaviour | On or near Rye Close | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rye Close |
Sep 2024 | Public order | Under investigation | On or near Ferndale |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Broomfield Close |