£565,006
This estimated value is based upon the latest sale price for the house of £119,995 on 15 May 1998. 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 |
---|---|
£119,995 | 15 May 1998 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 May 1998 the House Price Index for SURREY was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £119,995 results in an estimated price of approximately £565,006.
15 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 148.6 | 370.858 % | £119,995 | £445,011 | £565,006 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 327.154 % | £392,568 | £512,563 |
3 Month Average | 418.431 % | £502,095 | £622,090 |
6 Month Average | 348.765 % | £418,500 | £538,495 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £216,897 | £215,000 | 5 FERNDOWN COURT STOCTON CLOSE |
29 Apr 2022 | £386,175 | £375,000 | 21 STOCTON CLOSE |
17 Mar 2022 | £170,983 | £165,000 | 3 SPRINGSIDE COURT JOSEPHS ROAD |
31 Jan 2022 | £247,316 | £235,000 | 6 FERNDOWN COURT STOCTON CLOSE |
14 Dec 2021 | £241,060 | £225,000 | 12 SPRINGSIDE COURT JOSEPHS ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Mar 2020. Using an estimated price of £565,006 means this house is valued at £8,692 per sq meter (£807 per sq foot).
The average size of a house on STOCTON CLOSE is 86 sq meters (935 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Stocton Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Stocton Close |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Stocton Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stocton Close |