£445,695
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Feb 2022. 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 |
|---|---|
| £425,000 | 28 Feb 2022 |
| £115,000 | 24 Aug 1998 |
| £71,000 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2022 the House Price Index for SURREY was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £425,000 results in an estimated price of approximately £445,695.
| 28 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £425,000 | £20,695 | £445,695 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -8.780 % | £-37,314 | £387,685 |
| 3 Month Average | -10.831 % | £-46,030 | £378,969 |
| 6 Month Average | -14.099 % | £-59,919 | £365,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £286,159 | £282,500 | 14 DRUMMOND ROAD |
| 23 Aug 2023 | £317,780 | £315,000 | 16 DRUMMOND COURT DRUMMOND ROAD |
| 2 Jun 2023 | £440,334 | £435,000 | 31 DRUMMOND ROAD |
| 22 Nov 2022 | £568,118 | £575,000 | 3 DAPDUNE ROAD |
| 4 Aug 2022 | £658,228 | £660,000 | 21 DAPDUNE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Nov 2012. Using an estimated price of £445,695 means this house is valued at £4,952 per sq meter (£460 per sq foot).
The average size of a house on DRUMMOND ROAD is 68 sq meters (741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Drummond Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Drummond Road |
| Mar 2024 | Anti-social behaviour | On or near George Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Road |
| Jan 2024 | Burglary | Awaiting court outcome | On or near George Road |