£567,739
This estimated value is based upon the latest sale price for the house of £557,500 on 7 Aug 2023. 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 |
|---|---|
| £557,500 | 7 Aug 2023 |
| £275,000 | 27 Feb 2004 |
| Terraced |
| Freehold |
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 August 2023 the House Price Index for SURREY was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £557,500 results in an estimated price of approximately £567,739.
| 7 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £557,500 | £10,239 | £567,739 |
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 | -5.131 % | £-28,604 | £528,895 |
| 3 Month Average | -0.091 % | £-505 | £556,994 |
| 6 Month Average | 11.888 % | £66,275 | £623,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £712,806 | £699,950 | 18 HENDERSON AVENUE |
| 7 Aug 2023 | £567,740 | £557,500 | 6 WHATELEY CLOSE |
| 3 Apr 2023 | £708,247 | £695,000 | 12 WHATELEY CLOSE |
| 9 Feb 2023 | £427,858 | £425,000 | 20 HALLOWES CLOSE |
| 21 Jul 2022 | £631,326 | £625,000 | 17 WHATELEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hallowes Close |
| Sep 2024 | Anti-social behaviour | On or near Henderson Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Henderson Avenue | |
| Oct 2024 | Anti-social behaviour | On or near Michael Lane | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Michael Lane |