£1,655,778
This estimated value is based upon the latest sale price for the house of £1,150,000 on 25 Aug 2015. 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 |
|---|---|
| £1,150,000 | 25 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 August 2015 the House Price Index for SURREY was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £1,150,000 results in an estimated price of approximately £1,655,778.
| 25 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £1,150,000 | £505,778 | £1,655,778 |
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 | 3.838 % | £44,132 | £1,194,132 |
| 3 Month Average | 29.050 % | £334,070 | £1,484,070 |
| 6 Month Average | 34.927 % | £401,657 | £1,551,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £1,067,087 | £1,040,000 | 44 WODELAND AVENUE |
| 2 Nov 2023 | £1,318,468 | £1,285,000 | 18 MOUNTSIDE |
| 24 Oct 2023 | £890,219 | £870,000 | 8 NETHER MOUNT |
| 27 Sep 2023 | £1,083,894 | £1,060,000 | 2 MOUNTSIDE |
| 27 Sep 2023 | £1,610,502 | £1,575,000 | 58 WODELAND AVENUE |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 29 Jun 2021. Using an estimated price of £1,655,778 means this house is valued at £8,854 per sq meter (£822 per sq foot).
The average size of a house on WODELAND AVENUE is 150 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Wodeland Avenue |
| Sep 2024 | Anti-social behaviour | On or near Wodeland Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Wodeland Avenue | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Mountside |