£507,013
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Aug 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 |
---|---|
£350,000 | 2 Aug 2023 |
£247,450 | 24 Mar 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 August 2023 the House Price Index for SURREY was 72.0.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 44.861%.Applying this 44.861% change to the original purchase price of £350,000 results in an estimated price of approximately £507,013.
2 Aug 2023 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.0 | 104.3 | 44.861 % | £350,000 | £157,013 | £507,013 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -13.339 % | £-46,687 | £303,312 |
3 Month Average | -9.588 % | £-33,559 | £316,440 |
6 Month Average | -17.037 % | £-59,629 | £290,370 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2024 | £242,954 | £235,500 | FLAT 157 AUSTEN HOUSE STATION VIEW |
20 Sep 2024 | £372,500 | £355,000 | 15 WALNUT TREE CLOSE |
13 Nov 2023 | £374,027 | £350,000 | FLAT 6 ABBOTS YARD WALNUT TREE CLOSE |
28 Apr 2023 | £301,476 | £285,000 | 3 WEY VIEW COURT WALNUT TREE CLOSE |
14 Apr 2023 | £327,921 | £310,000 | 13 WEY VIEW COURT WALNUT TREE CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 6 Nov 2019.
The average size of a house on WALNUT TREE CLOSE is 66 sq meters (716 sq feet).