£277,738
This estimated value is based upon the latest sale price for the house of £220,000 on 27 Mar 2018. 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 |
|---|---|
| £220,000 | 27 Mar 2018 |
| £205,000 | 15 Apr 2016 |
| £63,000 | 29 Jun 1998 |
| £49,000 | 30 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 436 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 2018 the House Price Index for SURREY was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £220,000 results in an estimated price of approximately £277,738.
| 27 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £220,000 | £57,738 | £277,738 |
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 | -6.411 % | £-14,104 | £205,895 |
| 3 Month Average | 6.621 % | £14,567 | £234,567 |
| 6 Month Average | 15.363 % | £33,797 | £253,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2024 | £351,500 | £351,500 | 219 PARK BARN DRIVE |
| 8 Dec 2023 | £376,571 | £365,000 | 1 BARNWOOD ROAD |
| 10 Nov 2023 | £379,637 | £370,000 | 207 PARK BARN DRIVE |
| 31 Aug 2023 | £213,857 | £210,000 | 14 BARNWOOD CLOSE |
| 3 Aug 2023 | £203,673 | £200,000 | 2 BARNWOOD CLOSE |
This house has a floor area of 40 sq meters or 436 sq feet when measured on 29 Jun 2010. Using an estimated price of £277,738 means this house is valued at £6,847 per sq meter (£636 per sq foot).
The average size of a house on BARNWOOD CLOSE is 49 sq meters (533 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Wood Rise | |
| Jul 2024 | Anti-social behaviour | On or near Wood Rise | |
| Jul 2024 | Anti-social behaviour | On or near Wood Rise | |
| Jul 2024 | Anti-social behaviour | On or near Wood Rise | |
| Sep 2024 | Anti-social behaviour | On or near Rye Close |