£4,644,138
This estimated value is based upon the latest sale price for the house of £2,575,000 on 4 Jan 2006. 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 |
|---|---|
| £2,575,000 | 4 Jan 2006 |
| £1,300,000 | 3 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 235 sq meters or 2,529 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 January 2006 the House Price Index for SURREY was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £2,575,000 results in an estimated price of approximately £4,644,138.
| 4 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.355 % | £2,575,000 | £2,069,138 | £4,644,138 |
The Postcode Pricing Model uses changes in average sales price within the GU8 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 | 54.652 % | £1,407,277 | £3,982,277 |
| 3 Month Average | 91.712 % | £2,361,577 | £4,936,577 |
| 6 Month Average | 73.110 % | £1,882,592 | £4,457,592 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £997,656 | £967,000 | CROSSWAYS HEATH LANE |
| 18 Aug 2023 | £1,756,684 | £1,725,000 | WILD ACRE SOUTH MUNSTEAD LANE |
| 16 Jun 2023 | £765,337 | £750,000 | MARAMUNY SOUTH MUNSTEAD LANE |
| 21 Apr 2023 | £2,967,505 | £2,912,000 | MUNSTEAD WOOD HEATH LANE |
| 24 Mar 2023 | £2,186,515 | £2,150,000 | THE GRANARY THORNCOMBE STREET |
This house has a floor area of 235 sq meters or 2,529 sq feet when measured on 13 Jun 2016. Using an estimated price of £4,644,138 means this house is valued at £19,762 per sq meter (£1,835 per sq foot).
The average size of a house on ALLDENS LANE is 377 sq meters (4,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Old Rectory Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Old Rectory Gardens | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorncombe Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorncombe Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorncombe Street |