£435,586
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Mar 2019. 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 |
|---|---|
| £350,000 | 5 Mar 2019 |
| £99,000 | 3 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £350,000 results in an estimated price of approximately £435,586.
| 5 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £350,000 | £85,586 | £435,586 |
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 | 201.944 % | £706,804 | £1,056,804 |
| 3 Month Average | 32.088 % | £112,308 | £462,308 |
| 6 Month Average | 37.365 % | £130,776 | £480,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £873,419 | £860,000 | 112 BINSCOMBE |
| 21 Aug 2023 | £368,140 | £361,500 | 15 CHERRY TREE LANE |
| 21 Aug 2023 | £264,775 | £260,000 | 19 REDWING AVENUE |
| 5 Aug 2022 | £438,551 | £436,500 | 31 OAK MEAD |
| 4 Jul 2022 | £398,998 | £395,000 | 30 OAK MEAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 1 Nov 2017. Using an estimated price of £435,586 means this house is valued at £6,312 per sq meter (£586 per sq foot).
The average size of a house on OAK MEAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Oak Mead |
| Jul 2024 | Anti-social behaviour | On or near Badgers Close | |
| Jul 2024 | Anti-social behaviour | On or near Badgers Close | |
| Jul 2024 | Anti-social behaviour | On or near Badgers Close | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Badgers Close |