£1,579,613
This estimated value is based upon the latest sale price for the house of £907,000 on 28 Oct 2011. 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 |
|---|---|
| £907,000 | 28 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,249 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 October 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £907,000 results in an estimated price of approximately £1,579,613.
| 28 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £907,000 | £672,613 | £1,579,613 |
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 | 30.568 % | £277,251 | £1,184,251 |
| 3 Month Average | 39.427 % | £357,602 | £1,264,602 |
| 6 Month Average | 49.467 % | £448,663 | £1,355,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,034,281 | £1,002,500 | PATCHINGS THE DRIVE |
| 6 Sep 2023 | £1,680,184 | £1,643,146 | 8 THE PADDOCK |
| 16 Jun 2023 | £892,894 | £875,000 | 104 BUSBRIDGE LANE |
| 23 Mar 2023 | £1,245,805 | £1,225,000 | 30 CROWNPITS LANE |
| 26 Aug 2022 | £1,059,956 | £1,055,000 | 27 CROWNPITS LANE |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 19 Oct 2011. Using an estimated price of £1,579,614 means this house is valued at £7,557 per sq meter (£702 per sq foot).
The average size of a house on THE DRIVE is 222 sq meters (2,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near The Avenue |
| Jun 2024 | Anti-social behaviour | On or near Parkfield | |
| Jun 2024 | Anti-social behaviour | On or near Parkfield | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Fairway |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brighton Road |