£378,056
This estimated value is based upon the latest sale price for the house of £235,000 on 18 May 2007. 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 |
|---|---|
| £235,000 | 18 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2007 the House Price Index for SURREY was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £235,000 results in an estimated price of approximately £378,056.
| 18 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £235,000 | £143,056 | £378,056 |
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 | 29.857 % | £70,163 | £305,163 |
| 3 Month Average | 59.455 % | £139,719 | £374,719 |
| 6 Month Average | 80.286 % | £188,671 | £423,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £433,315 | £420,000 | 52 BECKINGHAM ROAD |
| 1 Dec 2023 | £435,894 | £422,500 | 69 BECKINGHAM ROAD |
| 9 Nov 2022 | £512,603 | £515,000 | 54 BECKINGHAM ROAD |
| 17 Jun 2022 | £447,567 | £438,000 | 101 SOUTHWAY |
| 6 May 2022 | £456,903 | £445,000 | 73 SOUTHWAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Jan 2014. Using an estimated price of £378,056 means this house is valued at £4,846 per sq meter (£450 per sq foot).
The average size of a house on SOUTHWAY is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beckingham Road |
| Oct 2024 | Other crime | Under investigation | On or near Beckingham Road |
| Oct 2024 | Anti-social behaviour | On or near Vernon Way | |
| Aug 2024 | Anti-social behaviour | On or near Vernon Way | |
| Aug 2024 | Anti-social behaviour | On or near Vernon Way |