£396,883
This estimated value is based upon the latest sale price for the house of £358,000 on 26 Mar 2021. 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 |
|---|---|
| £358,000 | 26 Mar 2021 |
| £285,000 | 19 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2021 the House Price Index for SURREY was 133.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.861%.Applying this 10.861% change to the original purchase price of £358,000 results in an estimated price of approximately £396,883.
| 26 Mar 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.0 | 10.861 % | £358,000 | £38,883 | £396,883 |
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 | -36.340 % | £-130,097 | £227,902 |
| 3 Month Average | -18.554 % | £-66,422 | £291,577 |
| 6 Month Average | 13.852 % | £49,590 | £407,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £536,893 | £530,000 | 62 AARONS HILL |
| 18 Aug 2023 | £563,426 | £560,000 | 1 EASHING LANE |
| 11 Jul 2023 | £386,658 | £383,000 | 23 THE HORSESHOE |
| 10 Feb 2023 | £418,023 | £420,000 | 8 EASHING LANE |
| 10 Aug 2022 | £427,114 | £430,000 | 19 BARGATE RISE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 1 Mar 2016. Using an estimated price of £396,884 means this house is valued at £5,154 per sq meter (£478 per sq foot).
The average size of a house on THE HORSESHOE is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Horseshoe | |
| Feb 2024 | Anti-social behaviour | On or near The Horseshoe | |
| Feb 2024 | Anti-social behaviour | On or near The Horseshoe | |
| Feb 2024 | Anti-social behaviour | On or near Bargate Rise | |
| Feb 2024 | Anti-social behaviour | On or near Bargate Rise |