£634,865
This estimated value is based upon the latest sale price for the house of £410,000 on 2 Jun 2014. 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 |
|---|---|
| £410,000 | 2 Jun 2014 |
| £375,000 | 1 Oct 2007 |
| £269,000 | 26 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 985 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 2014 the House Price Index for SURREY was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £410,000 results in an estimated price of approximately £634,865.
| 2 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £410,000 | £224,865 | £634,865 |
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 | 6.729 % | £27,590 | £437,590 |
| 3 Month Average | 35.066 % | £143,771 | £553,771 |
| 6 Month Average | 32.378 % | £132,750 | £542,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £210,000 | £210,000 | 3 LITTLE THATCH |
| 3 May 2024 | £570,000 | £570,000 | GREEN TILES HALLAM ROAD |
| 24 Apr 2024 | £581,744 | £576,692 | 15 HALLAM ROAD |
| 1 Sep 2023 | £547,059 | £535,000 | 23 MEADROW |
| 31 Mar 2023 | £991,559 | £975,000 | 17 LLANAWAY ROAD |
This house has a floor area of 91 sq meters or 985 sq feet when measured on 5 Nov 2010. Using an estimated price of £634,866 means this house is valued at £6,930 per sq meter (£643 per sq foot).
The average size of a house on HALLAM ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Old Station Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Station Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Station Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Station Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Station Way |