£520,785
This estimated value is based upon the latest sale price for the house of £283,000 on 8 Sep 2005. 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 |
|---|---|
| £283,000 | 8 Sep 2005 |
| £102,000 | 27 Sep 1996 |
| Semi-Detached |
| Freehold |
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 2005 the House Price Index for SURREY was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £283,000 results in an estimated price of approximately £520,785.
| 8 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £283,000 | £237,785 | £520,785 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 79.309 % | £224,445 | £507,445 |
| 3 Month Average | 55.314 % | £156,539 | £439,539 |
| 6 Month Average | 65.278 % | £184,735 | £467,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £517,958 | £510,000 | 30 FAIRLANDS AVENUE |
| 31 Aug 2023 | £590,653 | £580,000 | 28 BROOKE FOREST |
| 16 Jun 2023 | £612,270 | £600,000 | 50A FAIRLANDS AVENUE |
| 24 Mar 2023 | £488,152 | £480,000 | 69 FAIRLANDS AVENUE |
| 13 Jan 2023 | £485,297 | £484,000 | 16 QUAKERS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Brooke Forest |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Quakers Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Quakers Way |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Gumbrells Close |
| Oct 2024 | Anti-social behaviour | On or near Fairlands Avenue |