£445,827
This estimated value is based upon the latest sale price for the house of £367,000 on 10 Jan 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 |
|---|---|
| £367,000 | 10 Jan 2020 |
| £240,000 | 15 Dec 2006 |
| £108,000 | 30 Apr 1999 |
| £77,000 | 25 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2020 the House Price Index for SURREY was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £367,000 results in an estimated price of approximately £445,827.
| 10 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £367,000 | £78,827 | £445,827 |
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 | -17.674 % | £-64,863 | £302,136 |
| 3 Month Average | -2.958 % | £-10,854 | £356,145 |
| 6 Month Average | 22.746 % | £83,477 | £450,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £218,831 | £217,500 | FLAT 2 WEY ROAD |
| 2 Jun 2023 | £680,518 | £675,000 | 21 OVERBROOK |
| 18 Nov 2022 | £698,670 | £710,000 | 1 BROCKS CLOSE |
| 20 Jul 2022 | £429,420 | £430,000 | 7 BROCKS CLOSE |
| 6 Jan 2022 | £225,354 | £215,000 | 4 WEY ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 28 Aug 2012. Using an estimated price of £445,828 means this house is valued at £6,858 per sq meter (£637 per sq foot).
The average size of a house on LAMMAS CLOSE is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lammas Road | |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near St Anne'S Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grange Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Blackburn Way |