£952,005
This estimated value is based upon the latest sale price for the house of £775,000 on 12 Jul 2019. 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 |
|---|---|
| £775,000 | 12 Jul 2019 |
| £426,000 | 3 Apr 2003 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 July 2019 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £775,000 results in an estimated price of approximately £952,005.
| 12 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £775,000 | £177,005 | £952,005 |
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 | 90.248 % | £699,425 | £1,474,425 |
| 3 Month Average | 8.483 % | £65,742 | £840,742 |
| 6 Month Average | 43.978 % | £340,825 | £1,115,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £1,056,424 | £1,050,000 | 10 MAPLEHATCH CLOSE |
| 16 Jun 2023 | £882,153 | £875,000 | 104 BUSBRIDGE LANE |
| 13 Apr 2023 | £1,053,833 | £1,046,000 | 34 QUARTERMILE ROAD |
| 10 Aug 2022 | £1,216,779 | £1,225,000 | 20 MAPLEHATCH CLOSE |
| 4 Apr 2022 | £1,025,641 | £1,000,000 | 33 MAPLEHATCH CLOSE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 5 Mar 2019. Using an estimated price of £952,006 means this house is valued at £6,063 per sq meter (£563 per sq foot).
The average size of a house on QUARTERMILE ROAD is 189 sq meters (2,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Home Farm Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Fairway |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rectory Close |