£428,864
This estimated value is based upon the latest sale price for the house of £426,000 on 16 Feb 2023. 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 |
|---|---|
| £426,000 | 16 Feb 2023 |
| £370,000 | 10 Feb 2020 |
| £268,500 | 26 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 2023 the House Price Index for SURREY was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £426,000 results in an estimated price of approximately £428,864.
| 16 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £426,000 | £2,864 | £428,864 |
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 | -45.685 % | £-194,617 | £231,382 |
| 3 Month Average | -20.577 % | £-87,657 | £338,342 |
| 6 Month Average | -15.700 % | £-66,880 | £359,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £82,485 | £79,950 | 47 REEVE COURT TARRAGON DRIVE |
| 8 Dec 2023 | £422,998 | £410,000 | 96 CUMBERLAND AVENUE |
| 14 Sep 2023 | £350,220 | £342,500 | 4 THE BUNGALOWS |
| 16 Feb 2023 | £428,865 | £426,000 | 86 CUMBERLAND AVENUE |
| 14 Feb 2023 | £380,039 | £377,500 | 7 WEYDOWN CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Sep 2019. Using an estimated price of £428,865 means this house is valued at £5,642 per sq meter (£524 per sq foot).
The average size of a house on CUMBERLAND AVENUE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Weydown Close | |
| Sep 2024 | Anti-social behaviour | On or near Weydown Close | |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Cinnamon Gardens |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shelton Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Cardamom Close |