£505,272
This estimated value is based upon the latest sale price for the house of £382,500 on 9 Dec 2016. 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 |
|---|---|
| £382,500 | 9 Dec 2016 |
| £174,950 | 22 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2016 the House Price Index for SURREY was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £382,500 results in an estimated price of approximately £505,272.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £382,500 | £122,772 | £505,272 |
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 | -6.994 % | £-26,751 | £355,748 |
| 3 Month Average | 23.910 % | £91,457 | £473,957 |
| 6 Month Average | 20.259 % | £77,492 | £459,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £873,419 | £860,000 | 112 BINSCOMBE |
| 21 Aug 2023 | £368,140 | £361,500 | 15 CHERRY TREE LANE |
| 24 Apr 2023 | £435,139 | £427,000 | 30 BINSCOMBE CRESCENT |
| 5 Aug 2022 | £438,551 | £436,500 | 31 OAK MEAD |
| 8 Jul 2022 | £485,868 | £481,000 | 32 BINSCOMBE CRESCENT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 Jan 2016. Using an estimated price of £505,272 means this house is valued at £6,237 per sq meter (£579 per sq foot).
The average size of a house on OAK MEAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loseley Road |
| Sep 2024 | Other theft | Under investigation | On or near Loseley Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clover Lea |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Oak Mead |
| Sep 2024 | Public order | Under investigation | On or near Oak Close |