£371,115
This estimated value is based upon the latest sale price for the house of £217,000 on 4 Feb 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 |
|---|---|
| £217,000 | 4 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 590 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 2011 the House Price Index for SURREY was 86.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.021%.Applying this 71.021% change to the original purchase price of £217,000 results in an estimated price of approximately £371,115.
| 4 Feb 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.0 | 71.021 % | £217,000 | £154,115 | £371,115 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 27.217 % | £59,061 | £276,061 |
| 3 Month Average | 35.512 % | £77,060 | £294,060 |
| 6 Month Average | 51.892 % | £112,604 | £329,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £733,884 | £720,000 | 18 RECREATION ROAD |
| 30 Jun 2023 | £514,169 | £510,000 | 27 SYCAMORE ROAD |
| 17 May 2022 | £487,192 | £479,950 | 19 ACACIA ROAD |
| 7 Dec 2021 | £490,844 | £460,000 | 18 CHESTNUT ROAD |
| 2 Dec 2021 | £469,503 | £440,000 | 13 SYCAMORE ROAD |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 10 Nov 2010. Using an estimated price of £371,115 means this house is valued at £6,764 per sq meter (£628 per sq foot).
The average size of a house on RECREATION ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Pound Field |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Acacia Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Acacia Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Acacia Road |