£664,543
This estimated value is based upon the latest sale price for the house of £390,000 on 20 Dec 2012. 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 |
|---|---|
| £390,000 | 20 Dec 2012 |
| £400,000 | 19 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 2012 the House Price Index for SURREY was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £390,000 results in an estimated price of approximately £664,543.
| 20 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £390,000 | £274,543 | £664,543 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 49.627 % | £193,546 | £583,546 |
| 3 Month Average | 51.442 % | £200,622 | £590,622 |
| 6 Month Average | 40.901 % | £159,513 | £549,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2024 | £720,000 | £720,000 | 4 LITTLEFIELD COMMON |
| 1 Aug 2024 | £462,000 | £462,000 | 62 ENVIS WAY |
| 12 Apr 2024 | £524,555 | £520,000 | 6 QUAKERS WAY |
| 25 Oct 2023 | £404,180 | £395,000 | 9 GUMBRELLS CLOSE |
| 13 Jan 2023 | £485,297 | £484,000 | 16 QUAKERS WAY |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 7 Sep 2012. Using an estimated price of £664,543 means this house is valued at £4,076 per sq meter (£378 per sq foot).
There is one other house on the street which we know the size of, this is OAK COTTAGE LITTLEFIELD COMMON it is 148.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Park/Open Space |
| Oct 2024 | Other crime | Under investigation | On or near Park/Open Space |
| Oct 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Aug 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Aug 2024 | Anti-social behaviour | On or near Park/Open Space |