£1,244,496
This estimated value is based upon the latest sale price for the house of £350,000 on 1 Feb 2001. 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 |
|---|---|
| £350,000 | 1 Feb 2001 |
| Detached |
| Freehold |
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 February 2001 the House Price Index for SURREY was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £350,000 results in an estimated price of approximately £1,244,496.
| 1 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £350,000 | £894,496 | £1,244,496 |
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 | 194.291 % | £680,019 | £1,030,019 |
| 3 Month Average | 189.805 % | £664,317 | £1,014,317 |
| 6 Month Average | 201.341 % | £704,694 | £1,054,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £1,136,043 | £1,111,000 | 34 GROVE ROAD |
| 1 Mar 2023 | £254,246 | £250,000 | FLAT 2B ELMHURST TUESLEY LANE |
| 7 Nov 2022 | £661,905 | £665,000 | 13 GROVE ROAD |
| 29 Apr 2022 | £1,141,164 | £1,100,000 | 18 BRAEMAR CLOSE |
| 12 Nov 2021 | £544,760 | £500,000 | 33 SHACKSTEAD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Braemar Close |
| Jun 2024 | Anti-social behaviour | On or near Shackstead Lane | |
| Jun 2024 | Anti-social behaviour | On or near Shackstead Lane | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ockford Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Windy Wood |