£344,671
This estimated value is based upon the latest sale price for the house of £185,000 on 29 May 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 |
|---|---|
| £185,000 | 29 May 2009 |
| £202,000 | 25 Oct 2004 |
| £133,500 | 29 Jun 2001 |
| £86,950 | 22 Aug 1997 |
| £64,500 | 31 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 May 2009 the House Price Index for SURREY was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £185,000 results in an estimated price of approximately £344,671.
| 29 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £185,000 | £159,671 | £344,671 |
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 | 46.933 % | £86,825 | £271,825 |
| 3 Month Average | 101.362 % | £187,518 | £372,518 |
| 6 Month Average | 86.126 % | £159,333 | £344,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £431,807 | £422,000 | 22 TOWN END CLOSE |
| 4 Sep 2023 | £506,158 | £495,000 | 25 LATIMER ROAD |
| 18 Aug 2023 | £539,735 | £530,000 | 8 TOWN END CLOSE |
| 14 Jan 2022 | £492,992 | £465,000 | 26 CARLOS STREET |
| 8 Oct 2021 | £741,255 | £665,000 | HIGHVIEW LATIMER ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 24 Sep 2020. Using an estimated price of £344,672 means this house is valued at £5,302 per sq meter (£492 per sq foot).
The average size of a house on LATIMER ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Parking Area |