£309,761
This estimated value is based upon the latest sale price for the house of £245,000 on 23 Jan 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 |
|---|---|
| £245,000 | 23 Jan 2018 |
| £48,000 | 6 Nov 1997 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 680 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 January 2018 the House Price Index for SURREY was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £245,000 results in an estimated price of approximately £309,761.
| 23 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £245,000 | £64,761 | £309,761 |
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 | 4.391 % | £10,757 | £255,757 |
| 3 Month Average | 27.118 % | £66,440 | £311,440 |
| 6 Month Average | 30.961 % | £75,854 | £320,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £380,851 | £375,000 | 43 HIGH STREET |
| 4 Sep 2023 | £492,865 | £482,000 | 12 POUND LANE |
| 30 Mar 2023 | £788,162 | £775,000 | 10A QUEEN STREET |
| 2 Nov 2022 | £154,279 | £155,000 | 5A QUEEN STREET |
| 12 Aug 2022 | £437,044 | £435,000 | OCTAVIA HOUSE HIGH STREET |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 25 Feb 2009. Using an estimated price of £309,761 means this house is valued at £4,902 per sq meter (£455 per sq foot).
The average size of a house on POUND LANE is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Pound Lane |
| Oct 2024 | Anti-social behaviour | On or near Pound Lane | |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pound Lane |
| Oct 2024 | Public order | Under investigation | On or near Pound Lane |
| Sep 2024 | Anti-social behaviour | On or near Pound Lane |