£525,269
This estimated value is based upon the latest sale price for the house of £112,000 on 24 Sep 1998. 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 |
|---|---|
| £112,000 | 24 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 September 1998 the House Price Index for SURREY was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £112,000 results in an estimated price of approximately £525,269.
| 24 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 149.7 | 368.991 % | £112,000 | £413,269 | £525,269 |
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 | 248.306 % | £278,103 | £390,103 |
| 3 Month Average | 325.527 % | £364,589 | £476,589 |
| 6 Month Average | 332.119 % | £371,973 | £483,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £126,842 | £126,842 | 10B GEORGE ROAD |
| 23 Aug 2023 | £320,786 | £315,000 | 16 DRUMMOND COURT DRUMMOND ROAD |
| 15 Sep 2022 | £549,633 | £550,000 | 35 GEORGE ROAD |
| 8 Sep 2022 | £527,148 | £527,500 | 22 GEORGE ROAD |
| 25 Mar 2022 | £521,967 | £500,000 | 26 GEORGE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Aug 2019. Using an estimated price of £525,269 means this house is valued at £6,405 per sq meter (£595 per sq foot).
The average size of a house on GEORGE ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near George Road |
| Jun 2024 | Public order | Under investigation | On or near George Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Road |
| May 2024 | Anti-social behaviour | On or near George Road | |
| May 2024 | Anti-social behaviour | On or near George Road |