£1,372,987
This estimated value is based upon the latest sale price for the house of £1,360,000 on 21 Jul 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 |
|---|---|
| £1,360,000 | 21 Jul 2023 |
| £455,000 | 20 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2023 the House Price Index for SURREY was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £1,360,000 results in an estimated price of approximately £1,372,987.
| 21 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £1,360,000 | £12,987 | £1,372,987 |
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 | -11.769 % | £-160,057 | £1,199,942 |
| 3 Month Average | -16.634 % | £-226,225 | £1,133,774 |
| 6 Month Average | -4.467 % | £-60,745 | £1,299,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £1,056,424 | £1,050,000 | 10 MAPLEHATCH CLOSE |
| 21 Jul 2023 | £1,372,988 | £1,360,000 | 23 PARK ROAD |
| 10 Mar 2023 | £326,766 | £325,000 | LOWER MAISONETTE 1 HEATHFIELD CLOSE |
| 29 Jul 2022 | £1,199,379 | £1,201,000 | 29 PARK ROAD |
| 4 Apr 2022 | £1,025,641 | £1,000,000 | 33 MAPLEHATCH CLOSE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 3 Dec 2014. Using an estimated price of £1,372,988 means this house is valued at £10,726 per sq meter (£996 per sq foot).
The average size of a house on PARK ROAD is 139 sq meters (1,496 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 |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakdene Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grosvenor Road |