£593,827
This estimated value is based upon the latest sale price for the house of £585,000 on 10 May 2022. 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 |
|---|---|
| £585,000 | 10 May 2022 |
| £189,950 | 31 May 2000 |
| £132,500 | 7 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 May 2022 the House Price Index for SURREY was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £585,000 results in an estimated price of approximately £593,827.
| 10 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £585,000 | £8,827 | £593,827 |
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 | 1.818 % | £10,637 | £595,637 |
| 3 Month Average | -16.752 % | £-97,998 | £487,001 |
| 6 Month Average | 8.623 % | £50,444 | £635,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £236,760 | £235,000 | 19B PEPERHAROW ROAD |
| 17 Feb 2023 | £711,634 | £715,000 | 36 PEPERHAROW ROAD |
| 27 Jan 2023 | £237,910 | £240,000 | 1 MEADOWSIDE CHARTERHOUSE ROAD |
| 8 Sep 2022 | £626,382 | £634,000 | 2 NEWSTEAD CLOSE |
| 19 Aug 2022 | £531,211 | £534,800 | MOLE END NEWSTEAD CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 18 Nov 2021. Using an estimated price of £593,827 means this house is valued at £5,119 per sq meter (£475 per sq foot).
The average size of a house on CHARTERHOUSE ROAD is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newstead Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Borough Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Borough Road |
| Apr 2024 | Anti-social behaviour | On or near Woodcote | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcote |