£462,794
This estimated value is based upon the latest sale price for the house of £345,000 on 22 Jul 2016. 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 |
|---|---|
| £345,000 | 22 Jul 2016 |
| £172,000 | 24 May 2002 |
| £104,950 | 17 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2016 the House Price Index for SURREY was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £345,000 results in an estimated price of approximately £462,794.
| 22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £345,000 | £117,794 | £462,794 |
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 | -25.089 % | £-86,557 | £258,442 |
| 3 Month Average | 8.021 % | £27,671 | £372,671 |
| 6 Month Average | 25.120 % | £86,662 | £431,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £406,191 | £399,950 | 26 COOPERS RISE |
| 13 Sep 2023 | £500,994 | £489,950 | 32 EASHING LANE |
| 18 Aug 2023 | £570,286 | £560,000 | 1 EASHING LANE |
| 12 Jun 2023 | £375,526 | £368,000 | 47 COOPERS RISE |
| 23 Mar 2023 | £376,284 | £370,000 | 19 COOPERS RISE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Mar 2016. Using an estimated price of £462,794 means this house is valued at £7,012 per sq meter (£651 per sq foot).
The average size of a house on COOPERS RISE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Whitebeam Way |
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Ockford Drive |
| Sep 2024 | Other theft | Under investigation | On or near Ockford Drive |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ockford Drive |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Ockford Ridge |