£838,981
This estimated value is based upon the latest sale price for the house of £500,000 on 13 Jun 2013. 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 |
|---|---|
| £500,000 | 13 Jun 2013 |
| £168,500 | 26 Feb 2004 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,106 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 June 2013 the House Price Index for SURREY was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £500,000 results in an estimated price of approximately £838,981.
| 13 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £500,000 | £338,981 | £838,981 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | 46.361 % | £231,805 | £731,805 |
| 3 Month Average | 66.034 % | £330,170 | £830,170 |
| 6 Month Average | 68.062 % | £340,308 | £840,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £753,143 | £730,000 | 25 HEDGEWAY |
| 28 Nov 2023 | £631,018 | £615,000 | 12 WEST MEADS |
| 29 Aug 2023 | £875,796 | £860,000 | 18 WEST MEADS |
| 15 Aug 2023 | £361,520 | £355,000 | 37 RAYMOND CRESCENT |
| 17 Feb 2023 | £880,884 | £875,000 | 18 QUEEN ELEANORS ROAD |
This house has a floor area of 102 sq meters or 1,106 sq feet when measured on 15 Jul 2010. Using an estimated price of £838,981 means this house is valued at £8,164 per sq meter (£758 per sq foot).
The average size of a house on EAST MEADS is 140 sq meters (1,509 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near East Meads | |
| Aug 2024 | Anti-social behaviour | On or near East Meads | |
| Aug 2024 | Anti-social behaviour | On or near East Meads | |
| Sep 2024 | Other theft | Under investigation | On or near Queen Eleanor'S Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Queen Eleanor'S Road |