£402,597
This estimated value is based upon the latest sale price for the house of £260,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £260,000 | 27 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 June 2014 the House Price Index for SURREY was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £260,000 results in an estimated price of approximately £402,597.
| 27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £260,000 | £142,597 | £402,597 |
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 | 14.018 % | £36,447 | £296,447 |
| 3 Month Average | 57.250 % | £148,848 | £408,848 |
| 6 Month Average | 60.559 % | £157,454 | £417,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £600,000 | £600,000 | 19 WORPLESDON ROAD |
| 21 Jun 2024 | £305,000 | £305,000 | 77 NEW CROSS ROAD |
| 30 Nov 2023 | £443,252 | £432,000 | 101 NEW CROSS ROAD |
| 14 Sep 2023 | £593,074 | £580,000 | 59 WORPLESDON ROAD |
| 1 Sep 2023 | £419,242 | £410,000 | 56 WORPLESDON ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Jul 2014. Using an estimated price of £402,598 means this house is valued at £5,297 per sq meter (£492 per sq foot).
The average size of a house on WORPLESDON ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Baden Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Baden Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Baden Road |
| Sep 2024 | Anti-social behaviour | On or near A322 | |
| Sep 2024 | Anti-social behaviour | On or near A322 |