£246,663
This estimated value is based upon the latest sale price for the house of £246,000 on 8 Jul 2022. 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 |
|---|---|
| £246,000 | 8 Jul 2022 |
| £249,500 | 13 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2022 the House Price Index for SURREY was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £246,000 results in an estimated price of approximately £246,663.
| 8 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £246,000 | £663 | £246,663 |
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 | -21.582 % | £-53,092 | £192,907 |
| 3 Month Average | 4.463 % | £10,978 | £256,978 |
| 6 Month Average | -5.523 % | £-13,586 | £232,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £580,151 | £570,000 | 19 WALNUT TREE CLOSE |
| 2 Aug 2023 | £353,089 | £350,000 | FLAT 15 ABBOTS YARD WALNUT TREE CLOSE |
| 28 Apr 2023 | £288,102 | £285,000 | 3 WEY VIEW COURT WALNUT TREE CLOSE |
| 14 Apr 2023 | £313,374 | £310,000 | 13 WEY VIEW COURT WALNUT TREE CLOSE |
| 11 Nov 2022 | £262,817 | £266,000 | 19 WEY VIEW COURT WALNUT TREE CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 28 Aug 2018. Using an estimated price of £246,664 means this house is valued at £4,654 per sq meter (£432 per sq foot).
The average size of a house on WALNUT TREE CLOSE is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |