£2,394,380
This estimated value is based upon the latest sale price for the house of £1,775,000 on 15 Apr 2016. 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 |
|---|---|
| £1,775,000 | 15 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 340 sq meters or 3,659 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 April 2016 the House Price Index for SURREY was 109.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.895%.Applying this 34.895% change to the original purchase price of £1,775,000 results in an estimated price of approximately £2,394,380.
| 15 Apr 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.0 | 34.895 % | £1,775,000 | £619,380 | £2,394,380 |
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 | -19.921 % | £-353,604 | £1,421,395 |
| 3 Month Average | 16.811 % | £298,394 | £2,073,394 |
| 6 Month Average | 27.615 % | £490,162 | £2,265,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £251,872 | £250,000 | FLAT 5 FARLEIGH RAMSDEN ROAD |
| 9 Sep 2022 | £375,434 | £380,000 | FLAT 3 THE MOUNT HOUSE, 16 BUSBRIDGE LANE |
| 19 Aug 2022 | £147,503 | £148,500 | FLAT 2 BEECHCROFT, 46 BUSBRIDGE LANE |
| 29 Jul 2022 | £2,097,166 | £2,100,000 | LYNWODE SUMMERHOUSE ROAD |
| 7 Dec 2021 | £258,226 | £242,000 | FLAT 8-9 BEECHCROFT, 46 BUSBRIDGE LANE |
This house has a floor area of 340 sq meters or 3,659 sq feet when measured on 20 Oct 2015. Using an estimated price of £2,394,381 means this house is valued at £7,042 per sq meter (£654 per sq foot).
The average size of a house on RAMSDEN ROAD is 168 sq meters (1,816 sq feet).
This house is the largest in the street with a floor area of 340 sq meters (3,659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakdene Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerhouse Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncombe Road |