£737,272
This estimated value is based upon the latest sale price for the house of £470,000 on 9 Apr 2014. 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 |
|---|---|
| £470,000 | 9 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,142 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 April 2014 the House Price Index for SURREY was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £470,000 results in an estimated price of approximately £737,272.
| 9 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £470,000 | £267,272 | £737,272 |
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 | 32.557 % | £153,019 | £623,019 |
| 3 Month Average | 60.459 % | £284,159 | £754,159 |
| 6 Month Average | 63.698 % | £299,380 | £769,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £504,380 | £500,000 | 54 WALTHAM AVENUE |
| 2 Apr 2024 | £559,862 | £555,000 | 50 WALTHAM AVENUE |
| 27 Nov 2023 | £513,023 | £500,000 | 3 WALTHAM AVENUE |
| 28 Apr 2023 | £613,984 | £602,500 | 83 WALTHAM AVENUE |
| 5 Jan 2023 | £461,232 | £460,000 | 4 GRANGE CLOSE |
This house has a floor area of 106 sq meters or 1,142 sq feet when measured on 10 Feb 2010. Using an estimated price of £737,273 means this house is valued at £6,948 per sq meter (£645 per sq foot).
The average size of a house on WALTHAM AVENUE is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Waltham Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackberry Close |
| Oct 2024 | Public order | Under investigation | On or near Blackberry Close |
| Sep 2024 | Anti-social behaviour | On or near Blackberry Close | |
| Sep 2024 | Anti-social behaviour | On or near Blackberry Close |