£1,309,996
This estimated value is based upon the latest sale price for the house of £1,060,000 on 19 Dec 2019. 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 |
|---|---|
| £1,060,000 | 19 Dec 2019 |
| £785,000 | 1 Mar 2012 |
| £575,000 | 22 Feb 2005 |
| Detached |
| Freehold |
| Floor Area: 194 sq meters or 2,088 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 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £1,060,000 results in an estimated price of approximately £1,309,996.
| 19 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £1,060,000 | £249,996 | £1,309,996 |
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 | -34.152 % | £-362,010 | £697,989 |
| 3 Month Average | 7.181 % | £76,121 | £1,136,121 |
| 6 Month Average | 26.512 % | £281,027 | £1,341,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,034,281 | £1,002,500 | PATCHINGS THE DRIVE |
| 7 Sep 2023 | £521,496 | £510,000 | 119 BRIGHTON ROAD |
| 6 Sep 2023 | £1,680,184 | £1,643,146 | 8 THE PADDOCK |
| 31 Aug 2023 | £993,926 | £976,000 | FIRBANK BRIGHTON ROAD |
| 30 Jun 2023 | £459,202 | £450,000 | 185 BRIGHTON ROAD |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 4 Jul 2019. Using an estimated price of £1,309,996 means this house is valued at £6,752 per sq meter (£627 per sq foot).
The average size of a house on THE PADDOCK is 212 sq meters (2,288 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near The Paddock | |
| Oct 2024 | Anti-social behaviour | On or near The Paddock | |
| Sep 2024 | Vehicle crime | Under investigation | On or near The Avenue |
| Nov 2024 | Anti-social behaviour | On or near Crownpits Lane | |
| Oct 2024 | Other theft | Under investigation | On or near Crownpits Lane |