£448,340
This estimated value is based upon the latest sale price for the house of £413,000 on 29 Sep 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 |
|---|---|
| £413,000 | 29 Sep 2021 |
| £215,000 | 23 May 2007 |
| £85,000 | 29 Sep 1997 |
| £56,500 | 18 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £413,000 results in an estimated price of approximately £448,340.
| 29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £413,000 | £35,340 | £448,340 |
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 | 130.488 % | £538,915 | £951,915 |
| 3 Month Average | 68.957 % | £284,793 | £697,793 |
| 6 Month Average | 29.379 % | £121,335 | £534,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £436,069 | £425,000 | 17 CANTERBURY ROAD |
| 31 Aug 2023 | £458,265 | £450,000 | 23 GLOUCESTER ROAD |
| 27 Mar 2023 | £457,643 | £450,000 | 12 CANTERBURY ROAD |
| 17 Feb 2023 | £251,631 | £249,950 | 41A CANTERBURY ROAD |
| 28 Nov 2022 | £380,720 | £382,500 | 16 GLOUCESTER ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 27 May 2014. Using an estimated price of £448,340 means this house is valued at £4,670 per sq meter (£433 per sq foot).
The average size of a house on GLOUCESTER ROAD is 80 sq meters (864 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northway |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Northway |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Northway |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northway |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Northway |