£594,313
This estimated value is based upon the latest sale price for the house of £428,500 on 5 Nov 2015. 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 |
|---|---|
| £428,500 | 5 Nov 2015 |
| £305,000 | 5 May 2009 |
| Detached |
| Freehold |
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 November 2015 the House Price Index for SURREY was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £428,500 results in an estimated price of approximately £594,313.
| 5 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £428,500 | £165,813 | £594,313 |
The Postcode Pricing Model uses changes in average sales price within the GU8 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 | 36.749 % | £157,471 | £585,971 |
| 3 Month Average | 13.852 % | £59,355 | £487,855 |
| 6 Month Average | 26.447 % | £113,326 | £541,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £458,678 | £450,000 | 30 CHERRY TREE ROAD |
| 7 Aug 2023 | £643,916 | £640,000 | 26 OAK TREE ROAD |
| 16 Jun 2023 | £423,433 | £420,000 | BRANDEN UPPER MANOR ROAD |
| 10 Nov 2022 | £383,777 | £390,000 | ALMA COTTAGE PORTSMOUTH ROAD |
| 17 Jun 2022 | £552,601 | £547,000 | 10 OAK TREE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cherry Tree Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Tree Road |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Cherry Tree Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Cherry Tree Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Road |