£465,592
This estimated value is based upon the latest sale price for the house of £84,995 on 8 Nov 1996. 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 |
|---|---|
| £84,995 | 8 Nov 1996 |
| Terraced |
| Freehold |
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 November 1996 the House Price Index for SURREY was 27.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 447.788%.Applying this 447.788% change to the original purchase price of £84,995 results in an estimated price of approximately £465,592.
| 8 Nov 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 149.7 | 447.788 % | £84,995 | £380,597 | £465,592 |
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 | 581.788 % | £494,491 | £579,486 |
| 3 Month Average | 542.774 % | £461,330 | £546,325 |
| 6 Month Average | 507.672 % | £431,495 | £516,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £411,320 | £405,000 | 34 GRANGE ROAD |
| 1 Dec 2023 | £376,571 | £365,000 | 21 HERON CLOSE |
| 4 Aug 2023 | £427,714 | £420,000 | 19 HERON CLOSE |
| 29 Jun 2023 | £372,464 | £365,000 | 56 BADGER CLOSE |
| 27 Apr 2023 | £402,529 | £395,000 | 17 HERON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Awaiting court outcome | On or near Badger Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Badger Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Badger Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heron Close |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Heron Close |