£489,241
This estimated value is based upon the latest sale price for the house of £285,000 on 31 Aug 2006. 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 |
|---|---|
| £285,000 | 31 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 August 2006 the House Price Index for SURREY was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £285,000 results in an estimated price of approximately £489,241.
| 31 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £285,000 | £204,241 | £489,241 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 70.277 % | £200,288 | £485,288 |
| 3 Month Average | 87.821 % | £250,288 | £535,288 |
| 6 Month Average | 61.186 % | £174,380 | £459,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £734,891 | £725,000 | 29 GARDNER ROAD |
| 20 Jan 2023 | £473,768 | £476,000 | 1 MARKENFIELD ROAD |
| 25 Aug 2022 | £688,148 | £690,000 | 8 GARDNER ROAD |
| 22 Jul 2022 | £676,822 | £675,000 | 20 GARDNER ROAD |
| 29 Mar 2022 | £264,247 | £255,000 | 2 GARDNER ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 1 May 2013. Using an estimated price of £489,241 means this house is valued at £4,291 per sq meter (£398 per sq foot).
The average size of a house on GARDNER ROAD is 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Gardner Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gardner Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Gardner Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Gardner Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |