£828,258
This estimated value is based upon the latest sale price for the house of £810,000 on 4 Sep 2023. 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 |
|---|---|
| £810,000 | 4 Sep 2023 |
| £537,500 | 24 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 September 2023 the House Price Index for SURREY was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £810,000 results in an estimated price of approximately £828,258.
| 4 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £810,000 | £18,258 | £828,258 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | -28.343 % | £-229,581 | £580,418 |
| 3 Month Average | -5.407 % | £-43,793 | £766,206 |
| 6 Month Average | 0.851 % | £6,891 | £816,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £828,258 | £810,000 | 22 LITCHFIELD WAY |
| 17 Mar 2023 | £749,517 | £737,000 | 65 CURLING VALE |
| 25 Nov 2022 | £686,789 | £690,000 | 12 LITCHFIELD WAY |
| 25 Nov 2022 | £1,055,067 | £1,060,000 | 9 VICARAGE GATE |
| 31 Aug 2022 | £805,265 | £801,500 | 55 CURLING VALE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 12 Jul 2016. Using an estimated price of £828,258 means this house is valued at £7,669 per sq meter (£712 per sq foot).
The average size of a house on LITCHFIELD WAY is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near The Crossways |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bannister'S Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wilderness Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wilderness Road |