£540,579
This estimated value is based upon the latest sale price for the house of £435,000 on 10 Dec 2018. 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 |
|---|---|
| £435,000 | 10 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 December 2018 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £435,000 results in an estimated price of approximately £540,579.
| 10 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £435,000 | £105,579 | £540,579 |
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 | 55.851 % | £242,953 | £677,953 |
| 3 Month Average | 30.739 % | £133,715 | £568,715 |
| 6 Month Average | 20.848 % | £90,689 | £525,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £593,229 | £575,000 | 29 GREENSAND PLACE |
| 10 Nov 2023 | £395,027 | £385,000 | 35 BIRCH ROAD |
| 22 Feb 2023 | £621,653 | £617,500 | 6 GREENSAND PLACE |
| 27 Jan 2023 | £551,474 | £550,000 | 44 SILO DRIVE |
| 21 Nov 2022 | £582,277 | £585,000 | 24 BIRCH ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 26 Feb 2018. Using an estimated price of £540,579 means this house is valued at £5,099 per sq meter (£473 per sq foot).
The average size of a house on BIRCH ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Birch Road |
| Sep 2024 | Other theft | Under investigation | On or near Birch Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Birch Road |
| Sep 2024 | Other theft | Under investigation | On or near Birch Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Circle |