£403,627
This estimated value is based upon the latest sale price for the house of £395,000 on 24 Jun 2022. 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 |
---|---|
£395,000 | 24 Jun 2022 |
£350,000 | 6 Sep 2019 |
£295,000 | 13 Oct 2017 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 2022 the House Price Index for SURREY was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £395,000 results in an estimated price of approximately £403,627.
24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £395,000 | £8,627 | £403,627 |
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 | -35.587 % | £-140,568 | £254,431 |
3 Month Average | 11.800 % | £46,608 | £441,608 |
6 Month Average | 7.391 % | £29,193 | £424,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £375,000 | £375,000 | 9 BURROWS CLOSE |
25 Aug 2023 | £418,549 | £411,000 | 15 PARK BARN DRIVE |
20 Jul 2022 | £254,551 | £252,000 | 29 FOXBURROWS AVENUE |
24 Jun 2022 | £403,628 | £395,000 | 73 FOXBURROWS AVENUE |
1 Jun 2022 | £403,628 | £395,000 | 5 BURROWS CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 22 Nov 2018. Using an estimated price of £403,628 means this house is valued at £7,081 per sq meter (£657 per sq foot).
The average size of a house on FOXBURROWS AVENUE is 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Foxburrows Avenue | |
Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Foxburrows Avenue |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Foxburrows Avenue |
Jul 2024 | Vehicle crime | Under investigation | On or near Foxburrows Avenue |