£609,362
This estimated value is based upon the latest sale price for the house of £600,000 on 28 Mar 2024. 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 |
|---|---|
| £600,000 | 28 Mar 2024 |
| £360,000 | 22 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2024 the House Price Index for SURREY was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £600,000 results in an estimated price of approximately £609,362.
| 28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £600,000 | £9,362 | £609,362 |
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 | -5.347 % | £-32,084 | £567,915 |
| 3 Month Average | 10.894 % | £65,364 | £665,364 |
| 6 Month Average | -1.542 % | £-9,249 | £590,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £250,000 | £250,000 | 2 ROSENEATH STATION ROAD |
| 10 Apr 2024 | £569,949 | £565,000 | 12 GRAYS ROAD |
| 28 Mar 2024 | £609,362 | £600,000 | 6 GRAYS ROAD |
| 12 Dec 2023 | £619,021 | £600,000 | 52 GEORGE ROAD |
| 2 Nov 2023 | £621,270 | £605,500 | 85 GEORGE ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Aug 2018. Using an estimated price of £609,362 means this house is valued at £5,748 per sq meter (£534 per sq foot).
The average size of a house on GRAYS ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grays Road |
| Jun 2024 | Anti-social behaviour | On or near Grays Road | |
| Jun 2024 | Anti-social behaviour | On or near Grays Road | |
| Jun 2024 | Anti-social behaviour | On or near Grays Road | |
| Jun 2024 | Anti-social behaviour | On or near Grays Road |