£431,344
This estimated value is based upon the latest sale price for the house of £365,000 on 1 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 |
|---|---|
| £365,000 | 1 Oct 2020 |
| £269,000 | 30 Nov 2007 |
| £130,000 | 30 Nov 1999 |
| £109,950 | 21 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 £365,000 results in an estimated price of approximately £431,344.
| 1 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £365,000 | £66,344 | £431,344 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | -4.010 % | £-14,634 | £350,365 |
| 3 Month Average | -4.971 % | £-18,143 | £346,856 |
| 6 Month Average | 3.443 % | £12,568 | £377,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £457,022 | £450,000 | 64 BROADACRES |
| 1 Sep 2023 | £306,762 | £300,000 | 59 BROADACRES |
| 26 Jan 2023 | £372,997 | £372,000 | 20 BROADACRES |
| 23 Nov 2022 | £821,160 | £825,000 | 27 DORRIT CRESCENT |
| 14 Oct 2022 | £259,134 | £260,000 | 37 RYE CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Sep 2020. Using an estimated price of £431,345 means this house is valued at £6,075 per sq meter (£564 per sq foot).
The average size of a house on BROADACRES is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Rye Close | |
| Sep 2024 | Anti-social behaviour | On or near Rye Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rye Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Broomfield Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cater Gardens |