£605,064
This estimated value is based upon the latest sale price for the house of £512,000 on 2 Oct 2020. 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 |
|---|---|
| £512,000 | 2 Oct 2020 |
| £265,000 | 23 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2020 the House Price Index for SURREY was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £512,000 results in an estimated price of approximately £605,064.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £512,000 | £93,064 | £605,064 |
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 | -3.857 % | £-19,749 | £492,250 |
| 3 Month Average | 5.623 % | £28,791 | £540,791 |
| 6 Month Average | 10.634 % | £54,443 | £566,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £735,000 | £735,000 | 66 HIGH VIEW ROAD |
| 22 Apr 2024 | £580,037 | £575,000 | 36 HIGH VIEW ROAD |
| 28 Mar 2024 | £634,752 | £625,000 | 42 HIGH VIEW ROAD |
| 11 Dec 2023 | £722,192 | £700,000 | 47 HIGH VIEW ROAD |
| 15 Sep 2023 | £2,045,082 | £2,000,000 | 7 COMPTON HEIGHTS |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 18 Feb 2015. Using an estimated price of £605,065 means this house is valued at £6,050 per sq meter (£562 per sq foot).
The average size of a house on HIGH VIEW ROAD is 120 sq meters (1,296 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beechcroft Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Beechcroft Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechcroft Drive |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near High View Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Down Lane |