£519,487
This estimated value is based upon the latest sale price for the house of £435,000 on 14 Aug 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 |
|---|---|
| £435,000 | 14 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2020 the House Price Index for SURREY was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £435,000 results in an estimated price of approximately £519,487.
| 14 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £435,000 | £84,487 | £519,487 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | -3.752 % | £-16,322 | £418,677 |
| 3 Month Average | 3.282 % | £14,274 | £449,274 |
| 6 Month Average | 57.801 % | £251,435 | £686,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £565,000 | £565,000 | 12 GRAYS ROAD |
| 12 Dec 2023 | £611,570 | £600,000 | 52 GEORGE ROAD |
| 2 Nov 2023 | £613,374 | £605,500 | 85 GEORGE ROAD |
| 31 Jul 2023 | £620,873 | £615,000 | 67 GEORGE ROAD |
| 9 Jun 2023 | £474,346 | £470,500 | THE HILLS GRAYS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 18 May 2020. Using an estimated price of £519,488 means this house is valued at £6,413 per sq meter (£595 per sq foot).
The average size of a house on GEORGE ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near George Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Grays Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |