£413,664
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Sep 2010. 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 |
|---|---|
| £245,000 | 27 Sep 2010 |
| £249,500 | 28 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2010 the House Price Index for SURREY was 87.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.842%.Applying this 68.842% change to the original purchase price of £245,000 results in an estimated price of approximately £413,664.
| 27 Sep 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.0 | 68.842 % | £245,000 | £168,664 | £413,664 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 5.275 % | £12,924 | £257,924 |
| 3 Month Average | 4.911 % | £12,032 | £257,032 |
| 6 Month Average | 29.247 % | £71,654 | £316,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £580,992 | £570,000 | 19 WALNUT TREE CLOSE |
| 2 Aug 2023 | £352,141 | £350,000 | FLAT 15 ABBOTS YARD WALNUT TREE CLOSE |
| 28 Apr 2023 | £287,134 | £285,000 | 3 WEY VIEW COURT WALNUT TREE CLOSE |
| 14 Apr 2023 | £312,321 | £310,000 | 13 WEY VIEW COURT WALNUT TREE CLOSE |
| 11 Nov 2022 | £261,755 | £266,000 | 19 WEY VIEW COURT WALNUT TREE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 22 Jun 2012. Using an estimated price of £413,664 means this house is valued at £7,660 per sq meter (£711 per sq foot).
The average size of a house on WALNUT TREE CLOSE is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |