£1,354,545
This estimated value is based upon the latest sale price for the house of £1,085,000 on 19 Jul 2018. 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 |
|---|---|
| £1,085,000 | 19 Jul 2018 |
| £504,500 | 10 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 274 sq meters or 2,949 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 July 2018 the House Price Index for SURREY was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £1,085,000 results in an estimated price of approximately £1,354,545.
| 19 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £1,085,000 | £269,545 | £1,354,545 |
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 | 60.484 % | £656,251 | £1,741,251 |
| 3 Month Average | 17.967 % | £194,945 | £1,279,945 |
| 6 Month Average | 22.360 % | £242,602 | £1,327,602 |
| 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 |
| 8 Sep 2023 | £1,227,049 | £1,200,000 | 30 WOODMANCOURT |
| 4 Aug 2023 | £1,079,469 | £1,060,000 | COCKAYNE MARK WAY |
| 23 Jun 2023 | £2,347,035 | £2,300,000 | TRADEWINDS MARK WAY |
This house has a floor area of 274 sq meters or 2,949 sq feet when measured on 1 Sep 2014. Using an estimated price of £1,354,545 means this house is valued at £4,943 per sq meter (£459 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 | Violence and sexual offences | Under investigation | On or near Mark Way |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Mark Way |
| Sep 2024 | Criminal damage and arson | Under investigation | 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 | Burglary | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |