£1,592,229
This estimated value is based upon the latest sale price for the house of £1,247,000 on 7 Sep 2017. 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 |
|---|---|
| £1,247,000 | 7 Sep 2017 |
| £595,000 | 30 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 September 2017 the House Price Index for SURREY was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £1,247,000 results in an estimated price of approximately £1,592,229.
| 7 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £1,247,000 | £345,229 | £1,592,229 |
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 | -5.266 % | £-65,666 | £1,181,333 |
| 3 Month Average | 0.008 % | £98 | £1,247,098 |
| 6 Month Average | 5.554 % | £69,258 | £1,316,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £997,656 | £967,000 | CROSSWAYS HEATH LANE |
| 17 Aug 2023 | £1,247,500 | £1,225,000 | 1 HOME FARM ROAD |
| 30 Jun 2023 | £765,337 | £750,000 | 6 RECTORY CLOSE |
| 21 Apr 2023 | £2,967,505 | £2,912,000 | MUNSTEAD WOOD HEATH LANE |
| 10 Jan 2023 | £1,077,880 | £1,075,000 | 1 ORCHARD COTTAGES MUNSTEAD HEATH ROAD |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 12 Feb 2016. Using an estimated price of £1,592,229 means this house is valued at £8,123 per sq meter (£754 per sq foot).
The average size of a house on HASCOMBE ROAD is 305 sq meters (3,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Alldens Lane |
| Aug 2024 | Anti-social behaviour | On or near Alldens Lane | |
| Aug 2024 | Anti-social behaviour | On or near Alldens Lane | |
| Aug 2024 | Anti-social behaviour | On or near Alldens Lane | |
| Aug 2024 | Anti-social behaviour | On or near Alldens Lane |