£404,792
This estimated value is based upon the latest sale price for the house of £275,000 on 6 Feb 2015. 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 |
|---|---|
| £275,000 | 6 Feb 2015 |
| £249,950 | 15 Jul 2010 |
| £177,000 | 1 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 February 2015 the House Price Index for SURREY was 100.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 47.197%.Applying this 47.197% change to the original purchase price of £275,000 results in an estimated price of approximately £404,792.
| 6 Feb 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.0 | 47.197 % | £275,000 | £129,792 | £404,792 |
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 | 1.075 % | £2,956 | £277,956 |
| 3 Month Average | 13.551 % | £37,266 | £312,266 |
| 6 Month Average | 30.090 % | £82,746 | £357,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £540,000 | £540,000 | 30 LLANAWAY CLOSE |
| 23 Jun 2023 | £289,850 | £287,500 | 7 LITTLE THATCH |
| 31 Mar 2023 | £980,299 | £975,000 | 17 LLANAWAY ROAD |
| 2 Mar 2023 | £377,038 | £375,000 | 15 LITTLE THATCH |
| 15 Feb 2023 | £288,635 | £290,000 | FLAT 4 LLANAWAY HOUSE, 51 MEADROW |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 9 Jan 2020. Using an estimated price of £404,793 means this house is valued at £8,095 per sq meter (£752 per sq foot).
The average size of a house on LITTLE THATCH is 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hallam Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hallam Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hare Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hare Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Wolseley Road |