£677,550
This estimated value is based upon the latest sale price for the house of £545,000 on 3 Apr 2018. 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 |
|---|---|
| £545,000 | 3 Apr 2018 |
| £470,000 | 27 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,211 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 April 2018 the House Price Index for SURREY was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £545,000 results in an estimated price of approximately £677,550.
| 3 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £545,000 | £132,550 | £677,550 |
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 | 51.017 % | £278,041 | £823,041 |
| 3 Month Average | 10.215 % | £55,669 | £600,669 |
| 6 Month Average | 23.324 % | £127,116 | £672,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £611,570 | £600,000 | 52 GEORGE ROAD |
| 16 Mar 2023 | £552,989 | £550,000 | 3 MOLYNEUX ROAD |
| 27 Jan 2023 | £624,514 | £630,000 | 109 GEORGE ROAD |
| 27 Jan 2023 | £664,166 | £670,000 | 21 MOLYNEUX ROAD |
| 25 Jan 2023 | £596,263 | £601,500 | 82 GEORGE ROAD |
This house has a floor area of 112 sq meters or 1,211 sq feet when measured on 27 Jan 2012. Using an estimated price of £677,550 means this house is valued at £6,019 per sq meter (£559 per sq foot).
The average size of a house on MOLYNEUX ROAD is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Molyneux Road |
| Feb 2024 | Anti-social behaviour | On or near Molyneux Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Molyneux Road |
| Feb 2024 | Anti-social behaviour | On or near Molyneux Road | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Molyneux Road |