£919,477
This estimated value is based upon the latest sale price for the house of £670,000 on 5 Jan 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 |
|---|---|
| £670,000 | 5 Jan 2016 |
| £485,000 | 23 Oct 2009 |
| £424,000 | 21 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,327 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 January 2016 the House Price Index for SURREY was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £670,000 results in an estimated price of approximately £919,477.
| 5 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £670,000 | £249,477 | £919,477 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | -12.773 % | £-85,581 | £584,418 |
| 3 Month Average | 5.626 % | £37,696 | £707,696 |
| 6 Month Average | 29.936 % | £200,572 | £870,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £493,637 | £485,000 | 6 WOODCOTE |
| 25 Jul 2023 | £453,098 | £447,000 | 5 WOODCOTE |
| 19 Apr 2023 | £245,139 | £242,500 | UPWAY KNOLL ROAD |
| 1 Jul 2022 | £907,443 | £905,000 | CLIFF HANGER FRITH HILL ROAD |
| 27 May 2022 | £1,406,502 | £1,380,000 | HIGHCROFT FRITH HILL ROAD |
This house has a floor area of 123 sq meters or 1,327 sq feet when measured on 21 Jan 2009. Using an estimated price of £919,478 means this house is valued at £7,456 per sq meter (£692 per sq foot).
The average size of a house on RICHMOND ROAD is 136 sq meters (1,467 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Woodcote | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcote |
| Jan 2024 | Anti-social behaviour | On or near Ballfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Ballfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Ballfield Road |