£801,693
This estimated value is based upon the latest sale price for the house of £650,000 on 22 Jul 2019. 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 |
|---|---|
| £650,000 | 22 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2019 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £650,000 results in an estimated price of approximately £801,693.
| 22 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £650,000 | £151,693 | £801,693 |
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 | -18.721 % | £-121,683 | £528,316 |
| 3 Month Average | 9.534 % | £61,968 | £711,968 |
| 6 Month Average | -5.826 % | £-37,866 | £612,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £1,215,542 | £1,200,000 | 3 GREAT QUARRY |
| 16 Mar 2023 | £1,186,175 | £1,175,000 | 10 GREAT QUARRY |
| 16 Mar 2023 | £1,640,455 | £1,625,000 | 17 ABBOT ROAD |
| 28 Sep 2022 | £585,274 | £590,000 | 6 QUARRY STREET |
| 8 Sep 2022 | £309,997 | £312,500 | 8 PILGRIM HOUSE QUARRY STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Jun 2015. Using an estimated price of £801,694 means this house is valued at £8,180 per sq meter (£759 per sq foot).
The average size of a house on MILLBROOK is 125 sq meters (1,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Quarry Street |
| Feb 2024 | Anti-social behaviour | On or near Quarry Street | |
| Feb 2024 | Anti-social behaviour | On or near Quarry Street | |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Quarry Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Street |