£1,653,555
This estimated value is based upon the latest sale price for the house of £1,616,000 on 17 Oct 2023. 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 Theatre/Concert Hall
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £1,616,000 | 17 Oct 2023 |
| £712,200 | 18 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 October 2023 the House Price Index for SURREY was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £1,616,000 results in an estimated price of approximately £1,653,555.
| 17 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £1,616,000 | £37,555 | £1,653,555 |
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 | -12.468 % | £-201,476 | £1,414,523 |
| 3 Month Average | -18.746 % | £-302,929 | £1,313,070 |
| 6 Month Average | -16.101 % | £-260,198 | £1,355,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £1,385,161 | £1,350,000 | 3 APPLEGARTH |
| 17 Oct 2023 | £1,653,556 | £1,616,000 | HILL POINT MARK WAY |
| 19 Sep 2023 | £966,813 | £945,500 | 5 MARKENHORN |
| 8 Sep 2023 | £1,227,049 | £1,200,000 | 30 WOODMANCOURT |
| 4 Aug 2023 | £1,079,469 | £1,060,000 | COCKAYNE MARK WAY |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 6 Sep 2013. Using an estimated price of £1,653,556 means this house is valued at £9,558 per sq meter (£887 per sq foot).
The average size of a house on MARK WAY is 224 sq meters (2,411 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Theatre/Concert Hall |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Twycross Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mark Way |