£1,155,893
This estimated value is based upon the latest sale price for the house of £900,000 on 21 Jul 2017. 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 |
|---|---|
| £900,000 | 21 Jul 2017 |
| £550,000 | 29 Apr 2009 |
| Detached |
| Freehold |
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 2017 the House Price Index for SURREY was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £900,000 results in an estimated price of approximately £1,155,893.
| 21 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £900,000 | £255,893 | £1,155,893 |
The Postcode Pricing Model uses changes in average sales price within the GU4 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 | 11.801 % | £106,207 | £1,006,207 |
| 3 Month Average | 19.131 % | £172,179 | £1,072,179 |
| 6 Month Average | 14.097 % | £126,870 | £1,026,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £2,123,223 | £2,075,000 | CHINTHURST COTTAGE CHINTHURST LANE |
| 29 Sep 2023 | £429,467 | £420,000 | 2 SUMMERSBURY HALL |
| 29 Sep 2023 | £337,439 | £330,000 | 7 SUMMERSBURY HALL |
| 31 Aug 2023 | £952,173 | £935,000 | 28 CHINTHURST PARK |
| 10 Aug 2023 | £1,033,643 | £1,015,000 | PILGRIMS, 38 SUMMERSBURY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Summersbury Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summersbury Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summersbury Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Summersbury Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Tannersfield |