£552,393
This estimated value is based upon the latest sale price for the house of £317,500 on 5 May 2011. 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 |
|---|---|
| £317,500 | 5 May 2011 |
| £225,000 | 17 Jul 2002 |
| £140,000 | 18 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,021 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 May 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £317,500 results in an estimated price of approximately £552,393.
| 5 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £317,500 | £234,893 | £552,393 |
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 | 58.687 % | £186,332 | £503,832 |
| 3 Month Average | 78.095 % | £247,950 | £565,450 |
| 6 Month Average | 82.038 % | £260,471 | £577,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £405,000 | £405,000 | 87 GRANGE ROAD |
| 26 Apr 2024 | £504,380 | £500,000 | 54 WALTHAM AVENUE |
| 2 Apr 2024 | £559,862 | £555,000 | 50 WALTHAM AVENUE |
| 27 Nov 2023 | £513,023 | £500,000 | 3 WALTHAM AVENUE |
| 29 Sep 2023 | £276,086 | £270,000 | FLAT 8 THE GRANGE, 66 GRANGE ROAD |
This house has a floor area of 94 sq meters or 1,021 sq feet when measured on 19 Aug 2010. Using an estimated price of £552,393 means this house is valued at £5,821 per sq meter (£540 per sq foot).
The average size of a house on WALTHAM AVENUE is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Waltham Avenue |
| Aug 2024 | Anti-social behaviour | On or near Grange Close | |
| Aug 2024 | Anti-social behaviour | On or near Grange Close | |
| Aug 2024 | Anti-social behaviour | On or near Grange Close | |
| Jul 2024 | Anti-social behaviour | On or near Grange Close |