£2,688,422
This estimated value is based upon the latest sale price for the house of £2,200,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Alldens Lane
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £2,200,000 | 27 Sep 2019 |
| Detached |
| Freehold |
| Floor Area: 383 sq meters or 4,122 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 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £2,200,000 results in an estimated price of approximately £2,688,422.
| 27 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £2,200,000 | £488,422 | £2,688,422 |
The Postcode Pricing Model uses changes in average sales price within the GU8 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 | -11.678 % | £-256,915 | £1,943,084 |
| 3 Month Average | -23.500 % | £-516,992 | £1,683,007 |
| 6 Month Average | 4.973 % | £109,400 | £2,309,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £985,647 | £967,000 | CROSSWAYS HEATH LANE |
| 18 Aug 2023 | £1,735,554 | £1,725,000 | WILD ACRE SOUTH MUNSTEAD LANE |
| 16 Jun 2023 | £756,131 | £750,000 | MARAMUNY SOUTH MUNSTEAD LANE |
| 21 Apr 2023 | £2,933,805 | £2,912,000 | MUNSTEAD WOOD HEATH LANE |
| 24 Mar 2023 | £2,161,685 | £2,150,000 | THE GRANARY THORNCOMBE STREET |
This house has a floor area of 383 sq meters or 4,122 sq feet when measured on 21 May 2019. Using an estimated price of £2,688,422 means this house is valued at £7,019 per sq meter (£652 per sq foot).
The average size of a house on ALLDENS LANE is 377 sq meters (4,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Alldens Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Alldens Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Heath Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hascombe Road |
| Jan 2024 | Anti-social behaviour | On or near Heath Lane |