£251,258
This estimated value is based upon the latest sale price for the house of £228,000 on 28 Oct 2021. 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 |
|---|---|
| £228,000 | 28 Oct 2021 |
| £245,000 | 26 May 2017 |
| £145,000 | 30 Jan 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 457 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 October 2021 the House Price Index for SURREY was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £228,000 results in an estimated price of approximately £251,258.
| 28 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £228,000 | £23,258 | £251,258 |
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 | 133.435 % | £304,231 | £532,231 |
| 3 Month Average | 15.924 % | £36,305 | £264,305 |
| 6 Month Average | 13.769 % | £31,393 | £259,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £213,220 | £212,500 | 4 ARAGORN COURT |
| 6 Jan 2023 | £475,920 | £480,100 | 8 SOUTH ROAD |
| 28 Oct 2022 | £413,848 | £420,000 | 27 SOUTH ROAD |
| 31 Aug 2022 | £623,289 | £627,500 | 103 MANOR ROAD |
| 15 Aug 2022 | £446,980 | £450,000 | 110 MANOR ROAD |
This house has a floor area of 42 sq meters or 457 sq feet when measured on 29 Dec 2011. Using an estimated price of £251,258 means this house is valued at £5,906 per sq meter (£548 per sq foot).
The average size of a house on ARAGORN COURT is 50 sq meters (545 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Road |
| Feb 2024 | Anti-social behaviour | On or near South Road | |
| Feb 2024 | Anti-social behaviour | On or near South Road | |
| Feb 2024 | Anti-social behaviour | On or near South Road | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near New Cross Road |