£454,110
This estimated value is based upon the latest sale price for the house of £435,000 on 16 Mar 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 |
---|---|
£435,000 | 16 Mar 2022 |
£82,750 | 5 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 961 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 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £435,000 results in an estimated price of approximately £454,110.
16 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £435,000 | £19,110 | £454,110 |
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 | -11.398 % | £-49,580 | £385,419 |
3 Month Average | -1.329 % | £-5,779 | £429,220 |
6 Month Average | -17.112 % | £-74,435 | £360,564 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £241,714 | £238,000 | 40 LABURNUM CLOSE |
29 Sep 2023 | £526,609 | £515,000 | 38 HORNBEAM ROAD |
18 Aug 2023 | £463,357 | £455,000 | 49 LARCH AVENUE |
27 Feb 2023 | £382,505 | £379,950 | 5 CYPRESS ROAD |
26 Jul 2022 | £414,150 | £410,000 | 88 CEDAR WAY |
This house has a floor area of 89 sq meters or 961 sq feet when measured on 10 Feb 2012. Using an estimated price of £454,111 means this house is valued at £5,086 per sq meter (£472 per sq foot).
The average size of a house on LARCH AVENUE is 123 sq meters (1,325 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Larch Avenue |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Larch Avenue |
Jul 2024 | Other crime | Unable to prosecute suspect | On or near Larch Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larch Avenue |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Larch Avenue |