£420,604
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Oct 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Victoria Road
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £360,000 | 21 Oct 2020 |
| £295,000 | 8 Jan 2010 |
| £325,000 | 15 Aug 2008 |
| £227,000 | 29 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 October 2020 the House Price Index for SURREY was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £360,000 results in an estimated price of approximately £420,604.
| 21 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £360,000 | £60,604 | £420,604 |
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 | -3.031 % | £-10,912 | £349,087 |
| 3 Month Average | 1.052 % | £3,788 | £363,788 |
| 6 Month Average | 23.435 % | £84,367 | £444,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £374,812 | £370,000 | 17 TANNER HOUSE FLAMBARD WAY |
| 24 Aug 2023 | £477,906 | £475,000 | 7 VICTORIA ROAD |
| 30 Jun 2023 | £516,689 | £512,500 | 62 SOUTH HILL |
| 17 Feb 2023 | £751,446 | £755,000 | 7 PRIME PLACE ROW |
| 17 Aug 2022 | £506,577 | £510,000 | 33 VICTORIA ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 11 Feb 2020. Using an estimated price of £420,605 means this house is valued at £4,248 per sq meter (£394 per sq foot).
The average size of a house on VICTORIA ROAD is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woolsack Way |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Woolsack Way |