£590,525
This estimated value is based upon the latest sale price for the house of £475,000 on 13 Apr 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 |
|---|---|
| £475,000 | 13 Apr 2018 |
| Freehold |
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 April 2018 the House Price Index for SURREY was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £475,000 results in an estimated price of approximately £590,525.
| 13 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £475,000 | £115,525 | £590,525 |
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 | -41.049 % | £-194,984 | £280,015 |
| 3 Month Average | -23.010 % | £-109,296 | £365,703 |
| 6 Month Average | -3.758 % | £-17,851 | £457,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £293,771 | £290,000 | 49 FARADAY ROAD |
| 20 Nov 2023 | £298,836 | £295,000 | 26 FARADAY ROAD |
| 11 Aug 2023 | £216,315 | £215,000 | 5 FERNDOWN COURT STOCTON CLOSE |
| 29 Jun 2023 | £277,248 | £275,000 | 59 FARADAY ROAD |
| 16 Jan 2023 | £333,074 | £336,000 | 52 FARADAY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Faraday Road | |
| Mar 2024 | Anti-social behaviour | On or near Faraday Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Power Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Power Close |
| Feb 2024 | Anti-social behaviour | On or near Power Close |