£426,269
This estimated value is based upon the latest sale price for the house of £78,000 on 11 Oct 1996. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near George Road
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £78,000 | 11 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 869 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 October 1996 the House Price Index for SURREY was 27.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 446.499%.Applying this 446.499% change to the original purchase price of £78,000 results in an estimated price of approximately £426,269.
| 11 Oct 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.0 | 446.499 % | £78,000 | £348,269 | £426,269 |
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 | 281.674 % | £219,705 | £297,705 |
| 3 Month Average | 317.961 % | £248,009 | £326,009 |
| 6 Month Average | 405.275 % | £316,114 | £394,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £620,873 | £615,000 | 28 GEORGE ROAD |
| 15 Sep 2022 | £543,391 | £550,000 | 35 GEORGE ROAD |
| 8 Sep 2022 | £521,162 | £527,500 | 22 GEORGE ROAD |
| 25 Mar 2022 | £516,039 | £500,000 | 26 GEORGE ROAD |
| 2 Mar 2022 | £485,077 | £470,000 | 24 GEORGE ROAD |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 14 Mar 2012. Using an estimated price of £426,269 means this house is valued at £5,274 per sq meter (£490 per sq foot).
The average size of a house on GEORGE ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near George Road |
| Mar 2024 | Anti-social behaviour | On or near George Road | |
| Mar 2024 | Anti-social behaviour | On or near George Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Road |
| Jan 2024 | Burglary | Awaiting court outcome | On or near George Road |