£274,221
This estimated value is based upon the latest sale price for the house of £157,500 on 17 Dec 2009. 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 |
|---|---|
| £157,500 | 17 Dec 2009 |
| £160,000 | 30 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 December 2009 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £157,500 results in an estimated price of approximately £274,221.
| 17 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £157,500 | £116,721 | £274,221 |
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 | 62.796 % | £98,904 | £256,404 |
| 3 Month Average | 89.901 % | £141,593 | £299,093 |
| 6 Month Average | 98.878 % | £155,733 | £313,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £260,000 | £260,000 | 31A FARNHAM ROAD |
| 27 Mar 2024 | £482,412 | £475,000 | FLAT 5 QUEENS PLACE DENZIL ROAD |
| 17 Aug 2023 | £850,337 | £835,000 | 23 TESTARD ROAD |
| 26 Jun 2023 | £589,310 | £577,500 | 27 TESTARD ROAD |
| 10 Feb 2023 | £797,326 | £792,000 | 19 TESTARD ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 20 Mar 2013. Using an estimated price of £274,222 means this house is valued at £1,917 per sq meter (£178 per sq foot).
The average size of a house on FARNHAM ROAD is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Wherwell Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wherwell Road |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wherwell Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upperton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |