£675,841
This estimated value is based upon the latest sale price for the house of £400,000 on 11 Apr 2013. 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 |
|---|---|
| £400,000 | 11 Apr 2013 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2013 the House Price Index for SURREY was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £400,000 results in an estimated price of approximately £675,841.
| 11 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £400,000 | £275,841 | £675,841 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 106.383 % | £425,531 | £825,531 |
| 3 Month Average | 35.065 % | £140,259 | £540,259 |
| 6 Month Average | 65.882 % | £263,528 | £663,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £422,622 | £415,000 | 11 ECOB CLOSE |
| 15 Jun 2023 | £549,257 | £538,250 | 18 ECOB CLOSE |
| 13 Oct 2022 | £649,830 | £652,000 | 3 MEADOWCROFT, 70 KEENS LANE |
| 12 Oct 2022 | £632,886 | £635,000 | 1 MEADOWCROFT, 70 KEENS LANE |
| 30 Sep 2022 | £584,609 | £585,000 | 30 KEENS LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 19 Feb 2013. Using an estimated price of £675,842 means this house is valued at £6,758 per sq meter (£627 per sq foot).
The average size of a house on MORGAN CLOSE is 128 sq meters (1,379 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilltop Close |
| Jun 2024 | Vehicle crime | Under investigation | On or near Hilltop Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keens Park Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keens Lane |
| Jul 2024 | Vehicle crime | Under investigation | On or near Tangley Lane |