£1,287,167
This estimated value is based upon the latest sale price for the house of £745,000 on 29 Feb 2012. 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 |
---|---|
£745,000 | 29 Feb 2012 |
£840,000 | 23 Nov 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 100 sq meters or 1,081 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 February 2012 the House Price Index for SURREY was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £745,000 results in an estimated price of approximately £1,287,167.
29 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £745,000 | £542,167 | £1,287,167 |
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 | 78.768 % | £586,824 | £1,331,824 |
3 Month Average | 50.333 % | £374,981 | £1,119,981 |
6 Month Average | 46.476 % | £346,243 | £1,091,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £792,171 | £780,000 | 38 CHESTNUT WAY |
29 Aug 2023 | £600,837 | £590,000 | 2 BLEWFIELD |
17 Aug 2023 | £1,247,500 | £1,225,000 | 1 HOME FARM ROAD |
13 Apr 2023 | £1,065,937 | £1,046,000 | 34 QUARTERMILE ROAD |
5 Jul 2022 | £717,186 | £710,000 | 1 PARKFIELD |
This house has a floor area of 100 sq meters or 1,081 sq feet when measured on 24 Feb 2011. Using an estimated price of £1,287,167 means this house is valued at £12,811 per sq meter (£1,190 per sq foot).
The average size of a house on HOME FARM ROAD is 176 sq meters (1,902 sq feet).
This house is the smallest in the street with a floor area of 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Chase |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Home Farm Road |
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 |