£686,697
This estimated value is based upon the latest sale price for the house of £650,000 on 11 Feb 2022. 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 |
|---|---|
| £650,000 | 11 Feb 2022 |
| £545,000 | 5 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2022 the House Price Index for SURREY was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £650,000 results in an estimated price of approximately £686,697.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £650,000 | £36,697 | £686,697 |
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 | -24.057 % | £-156,369 | £493,630 |
| 3 Month Average | -11.775 % | £-76,539 | £573,460 |
| 6 Month Average | 16.628 % | £108,081 | £758,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £220,600 | £215,000 | FLAT 1 1 ORCHARD ROAD |
| 4 Sep 2023 | £828,258 | £810,000 | 22 LITCHFIELD WAY |
| 16 Aug 2023 | £1,227,133 | £1,205,000 | 21 ELLIS AVENUE |
| 25 Nov 2022 | £1,055,067 | £1,060,000 | 9 VICARAGE GATE |
| 25 Nov 2022 | £686,789 | £690,000 | 12 LITCHFIELD WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Feb 2020. Using an estimated price of £686,697 means this house is valued at £8,692 per sq meter (£807 per sq foot).
The average size of a house on BANNISTERS ROAD is 123 sq meters (1,326 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bannister'S Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ellis Avenue |
| Sep 2024 | Anti-social behaviour | On or near Ellis Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Ellis Avenue | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wilderness Road |