£308,734
This estimated value is based upon the latest sale price for the house of £93,500 on 17 Sep 2001. 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 |
|---|---|
| £93,500 | 17 Sep 2001 |
| £52,500 | 8 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 September 2001 the House Price Index for SURREY was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £93,500 results in an estimated price of approximately £308,734.
| 17 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 149.7 | 230.197 % | £93,500 | £215,234 | £308,734 |
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 | 133.041 % | £124,393 | £217,893 |
| 3 Month Average | 159.570 % | £149,198 | £242,698 |
| 6 Month Average | 174.592 % | £163,243 | £256,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £2,299,998 | £2,299,998 | MANOR INN GUILDFORD ROAD |
| 30 Apr 2024 | £304,646 | £302,000 | BELMONT OLD PORTSMOUTH ROAD |
| 23 Oct 2023 | £501,388 | £490,000 | 2 BROOKFIELD |
| 6 Oct 2023 | £603,712 | £590,000 | 2 SELBOURNE COTTAGES |
| 28 Sep 2023 | £490,820 | £480,000 | 1 BROOKFIELD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 14 Jan 2014. Using an estimated price of £308,734 means this house is valued at £4,677 per sq meter (£434 per sq foot).
The average size of a house on OLD PORTSMOUTH ROAD is 198 sq meters (2,139 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Awaiting court outcome | On or near Tilthams Green |
| Sep 2024 | Drugs | Local resolution | On or near Tilthams Corner Road |
| Aug 2024 | Other theft | Under investigation | On or near Guildford Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookfield |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brookfield |