£693,678
This estimated value is based upon the latest sale price for the house of £639,000 on 23 Sep 2021. 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 |
|---|---|
| £639,000 | 23 Sep 2021 |
| £150,000 | 9 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £639,000 results in an estimated price of approximately £693,678.
| 23 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £639,000 | £54,678 | £693,678 |
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 | 130.488 % | £833,818 | £1,472,818 |
| 3 Month Average | 68.957 % | £440,636 | £1,079,636 |
| 6 Month Average | 29.379 % | £187,731 | £826,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £378,000 | £378,000 | 35 WHITFIELD CLOSE |
| 28 Mar 2024 | £469,717 | £462,500 | 1 FAIRBORNE WAY |
| 27 Nov 2023 | £369,376 | £360,000 | 34 WHITFIELD CLOSE |
| 30 Aug 2023 | £450,118 | £442,000 | 26 MANDEVILLE CLOSE |
| 2 Feb 2023 | £578,867 | £575,000 | 21 CARDWELLS KEEP |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 7 Feb 2019. Using an estimated price of £693,679 means this house is valued at £6,422 per sq meter (£596 per sq foot).
The average size of a house on FAIRBORNE WAY is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Whitfield Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Whitfield Close |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Whitfield Close |
| Jul 2024 | Anti-social behaviour | On or near Whitfield Close | |
| Jul 2024 | Anti-social behaviour | On or near Whitfield Close |