£311,020
This estimated value is based upon the latest sale price for the house of £269,000 on 18 Dec 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 |
|---|---|
| £269,000 | 18 Dec 2020 |
| £170,000 | 2 Jun 2008 |
| £163,000 | 1 Nov 2004 |
| £74,000 | 17 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 December 2020 the House Price Index for SURREY was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £269,000 results in an estimated price of approximately £311,020.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £269,000 | £42,020 | £311,020 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -15.364 % | £-41,330 | £227,669 |
| 3 Month Average | -1.615 % | £-4,344 | £264,655 |
| 6 Month Average | -5.833 % | £-15,690 | £253,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £187,836 | £184,950 | 5 SWAN COURT |
| 15 Aug 2023 | £394,617 | £387,500 | 5 MANGLES ROAD |
| 28 Apr 2023 | £473,863 | £465,000 | 16 MAPLE GROVE |
| 14 Apr 2023 | £269,542 | £264,500 | 27 SWAN COURT |
| 23 Feb 2023 | £387,589 | £385,000 | 30 MAPLE GROVE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 28 Oct 2019. Using an estimated price of £311,020 means this house is valued at £7,405 per sq meter (£687 per sq foot).
The average size of a house on MANGLES ROAD is 90 sq meters (971 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mangles Road |
| Jul 2024 | Anti-social behaviour | On or near Mangles Road | |
| May 2024 | Anti-social behaviour | On or near Swan Court | |
| May 2024 | Anti-social behaviour | On or near Swan Court | |
| May 2024 | Anti-social behaviour | On or near Swan Court |