£403,541
This estimated value is based upon the latest sale price for the house of £385,000 on 28 Jan 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 |
|---|---|
| £385,000 | 28 Jan 2022 |
| £240,000 | 17 Jul 2009 |
| £189,950 | 20 Jun 2003 |
| £95,000 | 14 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2022 the House Price Index for SURREY was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £385,000 results in an estimated price of approximately £403,541.
| 28 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £385,000 | £18,541 | £403,541 |
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 | 0.979 % | £3,769 | £388,769 |
| 3 Month Average | -8.737 % | £-33,638 | £351,361 |
| 6 Month Average | 6.275 % | £24,158 | £409,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £563,426 | £560,000 | 1 EASHING LANE |
| 12 Jun 2023 | £371,008 | £368,000 | 47 COOPERS RISE |
| 23 Mar 2023 | £372,011 | £370,000 | 19 COOPERS RISE |
| 24 Feb 2023 | £378,211 | £380,000 | 25 COOPERS RISE |
| 10 Feb 2023 | £418,023 | £420,000 | 8 EASHING LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Jun 2020. Using an estimated price of £403,541 means this house is valued at £5,380 per sq meter (£499 per sq foot).
The average size of a house on EASHING LANE is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ockford Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Quarry Hill |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitebeam Way |