£691,877
This estimated value is based upon the latest sale price for the house of £449,500 on 4 Jul 2014. 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 |
|---|---|
| £449,500 | 4 Jul 2014 |
| 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 July 2014 the House Price Index for SURREY was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £449,500 results in an estimated price of approximately £691,877.
| 4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £449,500 | £242,377 | £691,877 |
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 | 1.351 % | £6,072 | £455,572 |
| 3 Month Average | 29.802 % | £133,959 | £583,459 |
| 6 Month Average | 34.691 % | £155,937 | £605,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £479,161 | £475,000 | 51 FURZE LANE |
| 10 Nov 2023 | £395,027 | £385,000 | 35 BIRCH ROAD |
| 22 Feb 2023 | £621,653 | £617,500 | 6 GREENSAND PLACE |
| 3 Feb 2023 | £453,026 | £450,000 | IBHABHATHANE, 86 FURZE LANE |
| 27 Jan 2023 | £551,474 | £550,000 | 44 SILO DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Circle |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Silo Close |
| Oct 2024 | Other crime | Under investigation | On or near Silo Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Birch Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Birch Road |