£931,134
This estimated value is based upon the latest sale price for the house of £380,000 on 24 Feb 2003. 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 |
|---|---|
| £380,000 | 24 Feb 2003 |
| Detached |
| Freehold |
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 February 2003 the House Price Index for SURREY was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £380,000 results in an estimated price of approximately £931,134.
| 24 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £380,000 | £551,134 | £931,134 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 124.800 % | £474,240 | £854,240 |
| 3 Month Average | 133.905 % | £508,838 | £888,838 |
| 6 Month Average | 106.567 % | £404,953 | £784,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £294,358 | £290,000 | 49 FARADAY ROAD |
| 20 Nov 2023 | £299,433 | £295,000 | 26 FARADAY ROAD |
| 11 Sep 2023 | £311,483 | £307,500 | 17 FARADAY ROAD |
| 16 Jan 2023 | £334,425 | £336,000 | 52 FARADAY ROAD |
| 26 May 2022 | £377,106 | £370,000 | FLAT 41 WEY CORNER WALNUT TREE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Kernal Court |