£619,179
This estimated value is based upon the latest sale price for the house of £497,000 on 25 Apr 2019. 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 |
---|---|
£497,000 | 25 Apr 2019 |
£465,800 | 14 Nov 2014 |
£410,000 | 13 Jun 2013 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 April 2019 the House Price Index for SURREY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £497,000 results in an estimated price of approximately £619,179.
25 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £497,000 | £122,179 | £619,179 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 63.356 % | £314,881 | £811,881 |
3 Month Average | 1.394 % | £6,928 | £503,928 |
6 Month Average | 23.973 % | £119,146 | £616,146 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £422,622 | £415,000 | 11 ECOB CLOSE |
15 Jun 2023 | £549,257 | £538,250 | 18 ECOB CLOSE |
13 Oct 2022 | £649,830 | £652,000 | 3 MEADOWCROFT, 70 KEENS LANE |
12 Oct 2022 | £632,886 | £635,000 | 1 MEADOWCROFT, 70 KEENS LANE |
30 Sep 2022 | £584,609 | £585,000 | 30 KEENS LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 29 Apr 2013. Using an estimated price of £619,179 means this house is valued at £6,011 per sq meter (£558 per sq foot).
The average size of a house on MORGAN CLOSE is 128 sq meters (1,379 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilltop Close |
Jun 2024 | Vehicle crime | Under investigation | On or near Hilltop Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keens Park Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keens Lane |
Jul 2024 | Vehicle crime | Under investigation | On or near Tangley Lane |