£529,599
This estimated value is based upon the latest sale price for the house of £525,000 on 10 Apr 2024. 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 |
|---|---|
| £525,000 | 10 Apr 2024 |
| £467,500 | 10 Sep 2018 |
| £142,000 | 3 Sep 1999 |
| £120,000 | 11 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2024 the House Price Index for SURREY was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £525,000 results in an estimated price of approximately £529,599.
| 10 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £525,000 | £4,599 | £529,599 |
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 | 12.812 % | £67,262 | £592,262 |
| 3 Month Average | 2.114 % | £11,096 | £536,096 |
| 6 Month Average | -8.886 % | £-46,652 | £478,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £529,599 | £525,000 | 31 PORTSMOUTH ROAD |
| 8 Apr 2024 | £428,723 | £425,000 | 28 PORTSMOUTH ROAD |
| 25 Aug 2023 | £572,832 | £562,500 | 7 MILTONS CRESCENT |
| 13 Jun 2023 | £622,474 | £610,000 | 12 HAWTHORN ROAD |
| 12 Jun 2023 | £571,452 | £560,000 | 34A HAWTHORN ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 2 May 2018. Using an estimated price of £529,599 means this house is valued at £5,192 per sq meter (£482 per sq foot).
The average size of a house on PORTSMOUTH ROAD is 137 sq meters (1,476 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Hawthorn Road | |
| Jun 2024 | Anti-social behaviour | On or near Hawthorn Road | |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Hawthorn Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near May Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Cliffe Road |