£558,355
This estimated value is based upon the latest sale price for the house of £415,000 on 24 Jun 2016. 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 |
---|---|
£415,000 | 24 Jun 2016 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2016 the House Price Index for SURREY was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £415,000 results in an estimated price of approximately £558,355.
24 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £415,000 | £143,355 | £558,355 |
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 | -7.182 % | £-29,806 | £385,193 |
3 Month Average | 17.335 % | £71,939 | £486,939 |
6 Month Average | 27.803 % | £115,380 | £530,380 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £790,000 | £790,000 | 8 DORMERS CLOSE |
12 Apr 2024 | £247,146 | £245,000 | 9 SOUTH LAWN COURT FRITH HILL ROAD |
20 Dec 2023 | £500,376 | £485,000 | 6 WOODCOTE |
25 Oct 2023 | £317,204 | £310,000 | 13 SOL-Y-VISTA FRITH HILL ROAD |
28 Apr 2023 | £254,765 | £250,000 | 11 SOUTH LAWN COURT FRITH HILL ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 Feb 2016. Using an estimated price of £558,356 means this house is valued at £5,877 per sq meter (£546 per sq foot).
The average size of a house on BRIAR PATCH is 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Unable to prosecute suspect | On or near Dormers Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodcote |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hall Close |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hall Close |