£411,319
This estimated value is based upon the latest sale price for the house of £405,000 on 15 Mar 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 |
|---|---|
| £405,000 | 15 Mar 2024 |
| £305,000 | 7 Sep 2007 |
| £105,000 | 30 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2024 the House Price Index for SURREY was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £405,000 results in an estimated price of approximately £411,319.
| 15 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £405,000 | £6,319 | £411,319 |
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 | 158.906 % | £643,570 | £1,048,570 |
| 3 Month Average | 73.650 % | £298,282 | £703,282 |
| 6 Month Average | 18.809 % | £76,177 | £481,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £411,320 | £405,000 | 34 GRANGE ROAD |
| 10 Nov 2023 | £374,506 | £365,000 | 23 GRANGE ROAD |
| 17 Feb 2023 | £231,547 | £230,000 | FLAT 3 4 GRANGE ROAD |
| 16 Nov 2022 | £223,953 | £225,000 | 43 GRANGE ROAD |
| 16 Aug 2022 | £276,292 | £275,000 | 11 BADGER CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 8 Feb 2018. Using an estimated price of £411,320 means this house is valued at £5,206 per sq meter (£483 per sq foot).
The average size of a house on GRANGE ROAD is 78 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Awaiting court outcome | On or near Badger Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Badger Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Badger Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Aug 2024 | Burglary | Under investigation | On or near North Road |