£692,515
This estimated value is based upon the latest sale price for the house of £586,000 on 9 Oct 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 |
|---|---|
| £586,000 | 9 Oct 2020 |
| £350,000 | 19 Jun 2007 |
| £212,500 | 7 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2020 the House Price Index for SURREY was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £586,000 results in an estimated price of approximately £692,515.
| 9 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £586,000 | £106,515 | £692,515 |
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 | 9.392 % | £55,039 | £641,039 |
| 3 Month Average | 3.188 % | £18,682 | £604,682 |
| 6 Month Average | 12.467 % | £73,054 | £659,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £544,730 | £540,000 | 30 LLANAWAY CLOSE |
| 21 Dec 2023 | £386,888 | £375,000 | 56 HARE LANE |
| 27 Sep 2023 | £495,932 | £485,000 | 39 HARE LANE |
| 1 Sep 2023 | £442,249 | £432,500 | 12 HARE LANE |
| 15 Feb 2023 | £291,950 | £290,000 | FLAT 4 LLANAWAY HOUSE, 51 MEADROW |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 22 Jun 2020. Using an estimated price of £692,515 means this house is valued at £6,353 per sq meter (£590 per sq foot).
The average size of a house on HARE LANE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Hare Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hare Lane |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hare Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tanners Mews |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Road |