£877,385
This estimated value is based upon the latest sale price for the house of £550,000 on 21 Feb 2014. 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 |
|---|---|
| £550,000 | 21 Feb 2014 |
| £335,000 | 29 Apr 2005 |
| £335,000 | 29 Apr 2005 |
| £244,000 | 24 Aug 2001 |
| £167,000 | 23 Mar 1999 |
| £144,550 | 10 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 February 2014 the House Price Index for SURREY was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £550,000 results in an estimated price of approximately £877,385.
| 21 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £550,000 | £327,385 | £877,385 |
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 | -4.236 % | £-23,299 | £526,700 |
| 3 Month Average | 27.384 % | £150,609 | £700,609 |
| 6 Month Average | 37.404 % | £205,720 | £755,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £540,000 | £540,000 | 66 HARE LANE |
| 17 May 2024 | £210,000 | £210,000 | 3 LITTLE THATCH |
| 2 Apr 2024 | £544,730 | £540,000 | 30 LLANAWAY CLOSE |
| 4 Sep 2023 | £393,678 | £385,000 | LITTLE NOOK LOWER MANOR ROAD |
| 31 Mar 2023 | £991,559 | £975,000 | 17 LLANAWAY ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 27 Nov 2013. Using an estimated price of £877,386 means this house is valued at £7,311 per sq meter (£679 per sq foot).
The average size of a house on WOLSELEY ROAD is 146 sq meters (1,573 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Lower Manor Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near St John'S Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St John'S Street |