£1,048,099
This estimated value is based upon the latest sale price for the house of £210,000 on 24 Oct 1997. 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 |
|---|---|
| £210,000 | 24 Oct 1997 |
| Detached |
| Freehold |
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 1997 the House Price Index for SURREY was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £210,000 results in an estimated price of approximately £1,048,099.
| 24 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £210,000 | £838,099 | £1,048,099 |
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 | 319.755 % | £671,486 | £881,486 |
| 3 Month Average | 366.489 % | £769,627 | £979,627 |
| 6 Month Average | 393.639 % | £826,641 | £1,036,641 |
| 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 |
| 6 Oct 2023 | £603,712 | £590,000 | 2 SELBOURNE COTTAGES |
| 19 Sep 2023 | £1,124,795 | £1,100,000 | TILTHAMS REACH TILTHAMS CORNER ROAD |
| 10 Mar 2023 | £203,397 | £200,000 | FLAT 1 ARDRA OLD PORTSMOUTH ROAD |
| 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 |
| Sep 2024 | Other theft | Under investigation | On or near Oakdene Road |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area |