£451,823
This estimated value is based upon the latest sale price for the house of £270,000 on 19 Jul 2013. 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 |
|---|---|
| £270,000 | 19 Jul 2013 |
| £267,500 | 23 Sep 2011 |
| £197,500 | 3 May 2002 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 July 2013 the House Price Index for SURREY was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £270,000 results in an estimated price of approximately £451,823.
| 19 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £270,000 | £181,823 | £451,823 |
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 | 5.536 % | £14,947 | £284,947 |
| 3 Month Average | 38.107 % | £102,888 | £372,888 |
| 6 Month Average | 49.651 % | £134,058 | £404,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £593,229 | £575,000 | 29 GREENSAND PLACE |
| 10 Nov 2023 | £395,027 | £385,000 | 35 BIRCH ROAD |
| 22 Feb 2023 | £621,653 | £617,500 | 6 GREENSAND PLACE |
| 27 Jan 2023 | £551,474 | £550,000 | 44 SILO DRIVE |
| 21 Nov 2022 | £582,277 | £585,000 | 24 BIRCH ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Dec 2021. Using an estimated price of £451,823 means this house is valued at £6,644 per sq meter (£617 per sq foot).
The average size of a house on BIRCH ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Birch Road |
| Sep 2024 | Other theft | Under investigation | On or near Birch Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Birch Road |
| Sep 2024 | Other theft | Under investigation | On or near Birch Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Cornfields |