£751,943
This estimated value is based upon the latest sale price for the house of £755,500 on 10 Feb 2023. 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 |
|---|---|
| £755,500 | 10 Feb 2023 |
| £441,000 | 18 May 2012 |
| £258,800 | 24 Sep 2001 |
| 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 February 2023 the House Price Index for SURREY was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £755,500 results in an estimated price of approximately £751,943.
| 10 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £755,500 | £-3,556 | £751,943 |
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 | 35.632 % | £269,197 | £1,024,697 |
| 3 Month Average | 30.349 % | £229,288 | £984,788 |
| 6 Month Average | -5.929 % | £-44,791 | £710,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £363,712 | £361,500 | 15 CHERRY TREE LANE |
| 21 Aug 2023 | £261,591 | £260,000 | 19 REDWING AVENUE |
| 25 Jul 2023 | £355,866 | £352,500 | 19 COPSE SIDE |
| 19 Jul 2023 | £348,295 | £345,000 | 20 COPSE SIDE |
| 10 Feb 2023 | £751,944 | £755,500 | 3 BROOK COTTAGES NEW POND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Binscombe |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Lane |