£334,753
This estimated value is based upon the latest sale price for the house of £174,000 on 3 Sep 2004. 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 |
|---|---|
| £174,000 | 3 Sep 2004 |
| £73,000 | 10 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2004 the House Price Index for SURREY was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £174,000 results in an estimated price of approximately £334,753.
| 3 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £174,000 | £160,753 | £334,753 |
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 | 94.692 % | £164,764 | £338,764 |
| 3 Month Average | 81.064 % | £141,051 | £315,051 |
| 6 Month Average | 96.114 % | £167,238 | £341,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £383,329 | £380,000 | 5 LAMMAS COURT OLD STATION WAY |
| 8 Sep 2023 | £679,990 | £665,000 | 17 NIGHTINGALE ROAD |
| 25 Aug 2023 | £249,500 | £245,000 | 5 BROCKTON FILMER GROVE |
| 14 Aug 2023 | £458,265 | £450,000 | FLAT 3 4 NIGHTINGALE ROAD |
| 27 Feb 2023 | £251,681 | £250,000 | FLAT 4 HAMBLE HOUSE MEADROW |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 29 Nov 2019. Using an estimated price of £334,754 means this house is valued at £5,399 per sq meter (£501 per sq foot).
The average size of a house on NIGHTINGALE ROAD is 110 sq meters (1,188 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 | 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 |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Station Way |