£479,274
This estimated value is based upon the latest sale price for the house of £395,000 on 25 Mar 2020. 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 |
|---|---|
| £395,000 | 25 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2020 the House Price Index for SURREY was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £395,000 results in an estimated price of approximately £479,274.
| 25 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £395,000 | £84,274 | £479,274 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | 22.261 % | £87,932 | £482,932 |
| 3 Month Average | 34.809 % | £137,496 | £532,496 |
| 6 Month Average | 30.623 % | £120,961 | £515,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £465,000 | £465,000 | 99 ALDERSHOT ROAD |
| 8 Aug 2023 | £427,714 | £420,000 | 78 ALDERSHOT ROAD |
| 4 Aug 2023 | £417,531 | £410,000 | 76 ALDERSHOT ROAD |
| 28 Apr 2023 | £366,862 | £360,000 | 8 THE CRESCENT |
| 15 Mar 2023 | £254,246 | £250,000 | 3 WOODBRIDGE HILL GARDENS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Nov 2019. Using an estimated price of £479,274 means this house is valued at £6,144 per sq meter (£570 per sq foot).
The average size of a house on PARK VIEW CLOSE is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pickering Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bridgehill Close |