£919,186
This estimated value is based upon the latest sale price for the house of £795,000 on 17 Dec 2020. 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 |
|---|---|
| £795,000 | 17 Dec 2020 |
| £460,000 | 7 Jul 2011 |
| £500,000 | 30 Jun 2011 |
| £467,500 | 5 Apr 2007 |
| £260,000 | 7 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2020 the House Price Index for SURREY was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £795,000 results in an estimated price of approximately £919,186.
| 17 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £795,000 | £124,186 | £919,186 |
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 | -15.364 % | £-122,147 | £672,852 |
| 3 Month Average | -1.615 % | £-12,839 | £782,160 |
| 6 Month Average | -5.833 % | £-46,370 | £748,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £458,265 | £450,000 | 47 JOSEPHS ROAD |
| 30 Jan 2023 | £576,540 | £575,000 | 49 JOSEPHS ROAD |
| 29 Sep 2021 | £863,028 | £795,000 | 18 STOCTON ROAD |
| 15 Sep 2021 | £485,792 | £447,500 | 58 JOSEPHS ROAD |
| 2 Aug 2021 | £747,376 | £665,000 | 73 STOCTON ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 28 Aug 2020. Using an estimated price of £919,186 means this house is valued at £6,295 per sq meter (£584 per sq foot).
The average size of a house on JOSEPHS ROAD is 69 sq meters (750 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Joseph'S Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Joseph'S Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph'S Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph'S Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph'S Road |