£935,571
This estimated value is based upon the latest sale price for the house of £590,000 on 28 Mar 2014. 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 |
---|---|
£590,000 | 28 Mar 2014 |
£323,000 | 17 Jan 2003 |
£220,000 | 25 May 2001 |
Semi-Detached |
Freehold |
Floor Area: 159 sq meters or 1,711 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 March 2014 the House Price Index for SURREY was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £590,000 results in an estimated price of approximately £935,571.
28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £590,000 | £345,571 | £935,571 |
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 | 42.327 % | £249,731 | £839,731 |
3 Month Average | 59.314 % | £349,950 | £939,950 |
6 Month Average | 65.379 % | £385,735 | £975,735 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £753,143 | £730,000 | 25 HEDGEWAY |
21 Apr 2023 | £690,414 | £677,500 | 27 CURLING VALE |
18 Jan 2023 | £983,628 | £981,000 | 1 EAST MEADS |
25 Nov 2022 | £1,055,067 | £1,060,000 | 9 VICARAGE GATE |
26 Aug 2022 | £632,960 | £630,000 | 7 CURLING VALE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 25 Aug 2021. Using an estimated price of £935,571 means this house is valued at £5,884 per sq meter (£546 per sq foot).
The average size of a house on HEDGEWAY is 118 sq meters (1,277 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Hedgeway |
Aug 2024 | Anti-social behaviour | On or near East Meads | |
Aug 2024 | Anti-social behaviour | On or near East Meads | |
Aug 2024 | Anti-social behaviour | On or near East Meads | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Bannister'S Road |