£1,019,011
This estimated value is based upon the latest sale price for the house of £822,500 on 13 Jun 2018. 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 |
|---|---|
| £822,500 | 13 Jun 2018 |
| Semi-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 June 2018 the House Price Index for SURREY was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £822,500 results in an estimated price of approximately £1,019,011.
| 13 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £822,500 | £196,511 | £1,019,011 |
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 | -28.587 % | £-235,127 | £587,372 |
| 3 Month Average | 2.828 % | £23,256 | £845,756 |
| 6 Month Average | 9.122 % | £75,026 | £897,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £592,608 | £585,000 | 2 BEECH WALK |
| 21 Aug 2023 | £628,824 | £625,000 | 4 MEADOW CLOSE |
| 7 Jul 2023 | £429,059 | £425,000 | 23 MEADOW CLOSE |
| 14 Apr 2023 | £2,518,720 | £2,500,000 | THE WHITE HOUSE, 27 CHURCH ROAD |
| 4 Jan 2023 | £489,203 | £493,500 | 21 OCKFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Public order | Under investigation | On or near Portsmouth Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Portsmouth Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Portsmouth Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Portsmouth Road |