£512,975
This estimated value is based upon the latest sale price for the house of £420,000 on 31 Oct 2019. 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 |
|---|---|
| £420,000 | 31 Oct 2019 |
| £370,000 | 29 Nov 2018 |
| £100,000 | 2 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £420,000 results in an estimated price of approximately £512,975.
| 31 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £420,000 | £92,975 | £512,975 |
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 | -15.221 % | £-63,926 | £356,073 |
| 3 Month Average | 8.028 % | £33,716 | £453,716 |
| 6 Month Average | 30.002 % | £126,007 | £546,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £565,942 | £562,500 | 7 MILTONS CRESCENT |
| 13 Jun 2023 | £614,986 | £610,000 | 12 HAWTHORN ROAD |
| 12 Jun 2023 | £564,578 | £560,000 | 34A HAWTHORN ROAD |
| 10 Mar 2023 | £754,076 | £750,000 | 28 HAWTHORN ROAD |
| 16 Sep 2022 | £652,069 | £660,000 | 58 PRIMROSE RIDGE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 29 Jan 2018. Using an estimated price of £512,976 means this house is valued at £7,891 per sq meter (£733 per sq foot).
The average size of a house on PRIMROSE RIDGE is 139 sq meters (1,506 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Hawthorn Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near May Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near May Close |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Laurel Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Laurel Close |