£827,838
This estimated value is based upon the latest sale price for the house of £793,000 on 17 Mar 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 |
|---|---|
| £793,000 | 17 Mar 2022 |
| £505,000 | 26 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 March 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £793,000 results in an estimated price of approximately £827,838.
| 17 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £793,000 | £34,838 | £827,838 |
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 | 10.988 % | £87,133 | £880,133 |
| 3 Month Average | 12.784 % | £101,374 | £894,374 |
| 6 Month Average | 0.620 % | £4,914 | £797,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £792,171 | £780,000 | 38 CHESTNUT WAY |
| 29 Aug 2023 | £600,837 | £590,000 | 2 BLEWFIELD |
| 17 Aug 2023 | £1,247,500 | £1,225,000 | 1 HOME FARM ROAD |
| 30 Jun 2023 | £765,337 | £750,000 | 6 RECTORY CLOSE |
| 5 Jul 2022 | £717,186 | £710,000 | 1 PARKFIELD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 19 Nov 2021. Using an estimated price of £827,839 means this house is valued at £8,901 per sq meter (£826 per sq foot).
The average size of a house on CHESTNUT WAY is 138 sq meters (1,489 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Home Farm Road |
| Jun 2024 | Anti-social behaviour | On or near Parkfield | |
| Jun 2024 | Anti-social behaviour | On or near Parkfield | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Fairway |
| Jun 2024 | Anti-social behaviour | On or near Old Rectory Gardens |