£395,859
This estimated value is based upon the latest sale price for the house of £232,000 on 1 Apr 2011. 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 |
|---|---|
| £232,000 | 1 Apr 2011 |
| £235,000 | 9 Nov 2007 |
| £135,000 | 16 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,093 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 2011 the House Price Index for SURREY was 86.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.629%.Applying this 70.629% change to the original purchase price of £232,000 results in an estimated price of approximately £395,859.
| 1 Apr 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.0 | 70.629 % | £232,000 | £163,859 | £395,859 |
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 | 38.621 % | £89,601 | £321,601 |
| 3 Month Average | 52.014 % | £120,671 | £352,671 |
| 6 Month Average | 72.570 % | £168,363 | £400,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £363,712 | £361,500 | 15 CHERRY TREE LANE |
| 21 Aug 2023 | £261,591 | £260,000 | 19 REDWING AVENUE |
| 25 Jul 2023 | £355,866 | £352,500 | 19 COPSE SIDE |
| 19 Jul 2023 | £348,295 | £345,000 | 20 COPSE SIDE |
| 5 Aug 2022 | £433,570 | £436,500 | 31 OAK MEAD |
This house has a floor area of 101 sq meters or 1,093 sq feet when measured on 28 Jul 2010. Using an estimated price of £395,859 means this house is valued at £3,895 per sq meter (£361 per sq foot).
The average size of a house on BADGERS CLOSE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Badgers Close |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Badgers Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Binscombe |