£753,942
This estimated value is based upon the latest sale price for the house of £565,000 on 21 Oct 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 |
|---|---|
| £565,000 | 21 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2016 the House Price Index for SURREY was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £565,000 results in an estimated price of approximately £753,942.
| 21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £565,000 | £188,942 | £753,942 |
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 | -4.100 % | £-23,163 | £541,836 |
| 3 Month Average | 23.153 % | £130,811 | £695,811 |
| 6 Month Average | 19.152 % | £108,208 | £673,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £753,143 | £730,000 | 25 HEDGEWAY |
| 21 Apr 2023 | £690,414 | £677,500 | 27 CURLING VALE |
| 18 Jan 2023 | £983,628 | £981,000 | 1 EAST MEADS |
| 25 Nov 2022 | £1,055,067 | £1,060,000 | 9 VICARAGE GATE |
| 26 Aug 2022 | £632,960 | £630,000 | 7 CURLING VALE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 28 Jun 2016. Using an estimated price of £753,942 means this house is valued at £6,335 per sq meter (£588 per sq foot).
The average size of a house on HEDGEWAY is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hedgeway |
| Aug 2024 | Anti-social behaviour | On or near East Meads | |
| Aug 2024 | Anti-social behaviour | On or near East Meads | |
| Aug 2024 | Anti-social behaviour | On or near East Meads | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bannister'S Road |