£376,932
This estimated value is based upon the latest sale price for the house of £305,000 on 11 Dec 2019. 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 |
|---|---|
| £305,000 | 11 Dec 2019 |
| £245,000 | 24 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 December 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £305,000 results in an estimated price of approximately £376,932.
| 11 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £305,000 | £71,932 | £376,932 |
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 | 85.967 % | £262,200 | £567,200 |
| 3 Month Average | 9.259 % | £28,239 | £333,239 |
| 6 Month Average | 7.683 % | £23,431 | £328,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £405,288 | £395,000 | FLAT 87 AUSTEN HOUSE STATION VIEW |
| 13 Nov 2023 | £359,116 | £350,000 | FLAT 6 ABBOTS YARD WALNUT TREE CLOSE |
| 18 Sep 2023 | £265,861 | £260,000 | FLAT 160 AUSTEN HOUSE STATION VIEW |
| 7 Jun 2023 | £270,419 | £265,000 | FLAT 174 AUSTEN HOUSE STATION VIEW |
| 5 Oct 2022 | £274,085 | £275,000 | FLAT 25 ABBOTS YARD WALNUT TREE CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 Feb 2019. Using an estimated price of £376,933 means this house is valued at £6,079 per sq meter (£564 per sq foot).
The average size of a house on WALNUT TREE CLOSE is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Tree Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Station View |
| Aug 2024 | Other theft | Under investigation | On or near Station View |