£510,523
This estimated value is based upon the latest sale price for the house of £432,000 on 13 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 |
|---|---|
| £432,000 | 13 Oct 2020 |
| £318,000 | 30 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,117 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 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £432,000 results in an estimated price of approximately £510,523.
| 13 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £432,000 | £78,523 | £510,523 |
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 | -3.857 % | £-16,663 | £415,336 |
| 3 Month Average | 5.623 % | £24,292 | £456,292 |
| 6 Month Average | 10.634 % | £45,936 | £477,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £431,749 | £428,000 | 74 SAFFRON PLATT |
| 10 Apr 2024 | £857,446 | £850,000 | 41 SAFFRON PLATT |
| 18 Dec 2023 | £383,793 | £372,000 | 11 JOHNSTON GREEN |
| 15 Dec 2023 | £433,315 | £420,000 | 103 SAFFRON PLATT |
| 8 Dec 2023 | £603,546 | £585,000 | 31 SAFFRON PLATT |
This house has a floor area of 103 sq meters or 1,117 sq feet when measured on 31 May 2011. Using an estimated price of £510,523 means this house is valued at £4,917 per sq meter (£456 per sq foot).
The average size of a house on SAFFRON PLATT is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Saffron Platt |
| Jul 2024 | Anti-social behaviour | On or near Saffron Platt | |
| Jul 2024 | Anti-social behaviour | On or near Saffron Platt | |
| Jul 2024 | Anti-social behaviour | On or near Saffron Platt | |
| Jul 2024 | Anti-social behaviour | On or near Saffron Platt |