£488,597
This estimated value is based upon the latest sale price for the house of £400,000 on 15 Nov 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 |
|---|---|
| £400,000 | 15 Nov 2019 |
| Terraced |
| 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 November 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £400,000 results in an estimated price of approximately £488,597.
| 15 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £400,000 | £88,597 | £488,597 |
The Postcode Pricing Model uses changes in average sales price within the GU8 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 | 22.662 % | £90,649 | £490,649 |
| 3 Month Average | 3.103 % | £12,411 | £412,411 |
| 6 Month Average | 6.353 % | £25,411 | £425,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £412,810 | £405,000 | 15 CHURCH ROAD |
| 17 Aug 2023 | £855,201 | £850,000 | GATTON COTTAGE, 6 CHURCH ROAD |
| 7 Jul 2023 | £464,393 | £460,000 | 80 CHURCH ROAD |
| 14 Apr 2023 | £2,518,720 | £2,500,000 | THE WHITE HOUSE, 27 CHURCH ROAD |
| 4 Jan 2023 | £489,203 | £493,500 | 21 OCKFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Ockfields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ockfields |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Burglary | Under investigation | On or near Springwood |
| Apr 2024 | Anti-social behaviour | On or near Brook Mead |