£416,154
This estimated value is based upon the latest sale price for the house of £305,000 on 5 Apr 2016. 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 |
|---|---|
| £305,000 | 5 Apr 2016 |
| £205,000 | 9 Aug 2013 |
| £165,000 | 9 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 April 2016 the House Price Index for SURREY was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £305,000 results in an estimated price of approximately £416,154.
| 5 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £305,000 | £111,154 | £416,154 |
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 | -23.445 % | £-71,507 | £233,492 |
| 3 Month Average | 27.577 % | £84,108 | £389,108 |
| 6 Month Average | 22.173 % | £67,626 | £372,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £873,419 | £860,000 | 112 BINSCOMBE |
| 21 Aug 2023 | £264,775 | £260,000 | 19 REDWING AVENUE |
| 21 Aug 2023 | £368,140 | £361,500 | 15 CHERRY TREE LANE |
| 5 Aug 2022 | £438,551 | £436,500 | 31 OAK MEAD |
| 4 Aug 2022 | £361,691 | £360,000 | 3 COPSE SIDE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 22 Jan 2013. Using an estimated price of £416,155 means this house is valued at £4,523 per sq meter (£420 per sq foot).
The average size of a house on CHERRY TREE LANE is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Cherry Tree Lane |
| Aug 2024 | Anti-social behaviour | On or near Cherry Tree Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cherry Tree Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cherry Tree Lane | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Badgers Close |