£665,723
This estimated value is based upon the latest sale price for the house of £570,000 on 6 Nov 2020. 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 |
|---|---|
| £570,000 | 6 Nov 2020 |
| £513,000 | 23 Jun 2017 |
| Semi-Detached |
| 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 November 2020 the House Price Index for SURREY was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £570,000 results in an estimated price of approximately £665,723.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £570,000 | £95,723 | £665,723 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -18.064 % | £-102,962 | £467,037 |
| 3 Month Average | -2.094 % | £-11,936 | £558,063 |
| 6 Month Average | -4.190 % | £-23,883 | £546,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £714,264 | £699,950 | 50 DAPDUNE ROAD |
| 20 Jan 2023 | £477,275 | £476,000 | 1 MARKENFIELD ROAD |
| 25 Aug 2022 | £693,242 | £690,000 | 8 GARDNER ROAD |
| 22 Jul 2022 | £681,832 | £675,000 | 20 GARDNER ROAD |
| 21 Jul 2022 | £259,601 | £257,000 | FLAT 4 47 WOODBRIDGE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Aug 2015. Using an estimated price of £665,723 means this house is valued at £6,934 per sq meter (£644 per sq foot).
The average size of a house on MARKENFIELD ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Gardner Road |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dapdune Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woodbridge Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodbridge Road |