£197,162
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Nov 2018. 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 |
---|---|
£160,000 | 7 Nov 2018 |
£112,000 | 11 Nov 2011 |
£96,000 | 24 Aug 2007 |
£40,000 | 21 Dec 1999 |
£34,000 | 24 Aug 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 22 sq meters or 243 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 November 2018 the House Price Index for SURREY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £160,000 results in an estimated price of approximately £197,162.
7 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £160,000 | £37,162 | £197,162 |
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 | -19.591 % | £-31,345 | £128,654 |
3 Month Average | -14.284 % | £-22,854 | £137,145 |
6 Month Average | -8.596 % | £-13,753 | £146,246 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2023 | £227,759 | £225,000 | 16 CAVENDISH HOUSE EASTGATE GARDENS |
4 Aug 2022 | £453,779 | £455,000 | APARTMENT 202 THE RESIDENCE, 251 HIGH STREET |
21 Jul 2022 | £352,950 | £352,000 | FLAT 2 CHANTRY PLACE SYDENHAM ROAD |
7 Jan 2022 | £631,445 | £600,000 | FLAT 11 CHANTRY PLACE SYDENHAM ROAD |
17 Dec 2021 | £235,703 | £220,000 | 19 CAVENDISH HOUSE EASTGATE GARDENS |
This house has a floor area of 22 sq meters or 243 sq feet when measured on 24 Mar 2011. Using an estimated price of £197,162 means this house is valued at £8,720 per sq meter (£810 per sq foot).
The average size of a house on HIGH STREET is 40 sq meters (439 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Parking Area |
Apr 2024 | Robbery | Under investigation | On or near Parking Area |
Apr 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Mar 2024 | Public order | Under investigation | On or near Parking Area |