£490,705
This estimated value is based upon the latest sale price for the house of £420,000 on 8 Oct 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 |
|---|---|
| £420,000 | 8 Oct 2020 |
| £247,500 | 25 Nov 2008 |
| £249,950 | 1 Dec 2006 |
| £153,000 | 17 Aug 2001 |
| £83,000 | 3 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2020 the House Price Index for SURREY was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £420,000 results in an estimated price of approximately £490,705.
| 8 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £420,000 | £70,705 | £490,705 |
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 | -3.031 % | £-12,730 | £407,269 |
| 3 Month Average | 1.052 % | £4,419 | £424,419 |
| 6 Month Average | 23.435 % | £98,428 | £518,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £531,828 | £525,000 | 1 ELM ROAD |
| 28 Apr 2023 | £523,894 | £520,000 | 7 GREEN LANE |
| 12 Apr 2023 | £528,931 | £525,000 | 88 LONG GORE |
| 31 Mar 2023 | £496,182 | £493,500 | 10 ELM ROAD |
| 5 Aug 2022 | £666,497 | £671,000 | 94 COMBE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 16 Jan 2020. Using an estimated price of £490,706 means this house is valued at £5,007 per sq meter (£465 per sq foot).
The average size of a house on GREEN LANE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Elm Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elm Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Elm Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Anti-social behaviour | On or near Combe Road |