£423,718
This estimated value is based upon the latest sale price for the house of £88,000 on 27 Mar 1998. 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 |
|---|---|
| £88,000 | 27 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 964 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 March 1998 the House Price Index for SURREY was 31.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 381.499%.Applying this 381.499% change to the original purchase price of £88,000 results in an estimated price of approximately £423,718.
| 27 Mar 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 149.7 | 381.499 % | £88,000 | £335,718 | £423,718 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | 298.862 % | £262,998 | £350,998 |
| 3 Month Average | 375.761 % | £330,669 | £418,669 |
| 6 Month Average | 382.690 % | £336,767 | £424,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £373,483 | £365,000 | 46 BURDEN WAY |
| 11 Sep 2023 | £541,947 | £530,000 | 76 BURDEN WAY |
| 7 Aug 2023 | £567,740 | £557,500 | 6 WHATELEY CLOSE |
| 6 Apr 2023 | £484,054 | £475,000 | 205 GRANGE ROAD |
| 3 Apr 2023 | £708,247 | £695,000 | 12 WHATELEY CLOSE |
This house has a floor area of 89 sq meters or 964 sq feet when measured on 15 Sep 2009. Using an estimated price of £423,719 means this house is valued at £4,729 per sq meter (£439 per sq foot).
The average size of a house on BURDEN WAY is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Regan Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Regan Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Mansel Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hallowes Close |
| Oct 2024 | Anti-social behaviour | On or near Michael Lane |