£394,244
This estimated value is based upon the latest sale price for the house of £390,000 on 25 Apr 2023. 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 |
|---|---|
| £390,000 | 25 Apr 2023 |
| £300,000 | 26 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 April 2023 the House Price Index for SURREY was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £390,000 results in an estimated price of approximately £394,244.
| 25 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £390,000 | £4,244 | £394,244 |
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 | -14.571 % | £-56,826 | £333,173 |
| 3 Month Average | -15.633 % | £-60,968 | £329,031 |
| 6 Month Average | 6.062 % | £23,643 | £413,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £459,016 | £455,000 | 45 LIME GROVE |
| 25 Apr 2023 | £394,245 | £390,000 | 30A LIME GROVE |
| 16 Jan 2023 | £453,862 | £456,000 | 40 LIME GROVE |
| 31 Aug 2022 | £478,711 | £480,000 | 33 YEW TREE DRIVE |
| 13 Apr 2022 | £329,536 | £320,000 | 77 LIME GROVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 4 Nov 2016. Using an estimated price of £394,245 means this house is valued at £6,463 per sq meter (£600 per sq foot).
The average size of a house on LIME GROVE is 102 sq meters (1,099 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lime Grove |
| Apr 2024 | Anti-social behaviour | On or near Willow Way | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Willow Way |
| Apr 2024 | Public order | Under investigation | On or near Deeprose Close |