£861,988
This estimated value is based upon the latest sale price for the house of £499,950 on 2 Dec 2010. 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 |
|---|---|
| £499,950 | 2 Dec 2010 |
| 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 December 2010 the House Price Index for SURREY was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £499,950 results in an estimated price of approximately £861,988.
| 2 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £499,950 | £362,038 | £861,988 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | 57.421 % | £287,075 | £787,025 |
| 3 Month Average | 50.193 % | £250,938 | £750,888 |
| 6 Month Average | 50.804 % | £253,996 | £753,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £254,246 | £250,000 | FLAT 2B ELMHURST TUESLEY LANE |
| 9 Sep 2022 | £379,746 | £380,000 | FLAT 3 THE MOUNT HOUSE, 16 BUSBRIDGE LANE |
| 29 Jul 2022 | £2,121,255 | £2,100,000 | LYNWODE SUMMERHOUSE ROAD |
| 29 Apr 2022 | £1,141,164 | £1,100,000 | 18 BRAEMAR CLOSE |
| 23 Aug 2021 | £693,992 | £617,500 | 22 SHACKSTEAD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Braemar Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ramsden Road |
| Jun 2024 | Anti-social behaviour | On or near Ramsden Road | |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Ramsden Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Ramsden Road |