£2,933,805
This estimated value is based upon the latest sale price for the house of £2,912,000 on 21 Apr 2023. 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 |
|---|---|
| £2,912,000 | 21 Apr 2023 |
| 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 April 2023 the House Price Index for SURREY was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £2,912,000 results in an estimated price of approximately £2,933,805.
| 21 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £2,912,000 | £21,805 | £2,933,805 |
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 | -10.021 % | £-291,820 | £2,620,179 |
| 3 Month Average | -10.988 % | £-319,975 | £2,592,024 |
| 6 Month Average | 3.142 % | £91,490 | £3,003,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £782,644 | £780,000 | 38 CHESTNUT WAY |
| 11 Dec 2023 | £985,647 | £967,000 | CROSSWAYS HEATH LANE |
| 17 Aug 2023 | £1,232,495 | £1,225,000 | 1 HOME FARM ROAD |
| 30 Jun 2023 | £756,131 | £750,000 | 6 RECTORY CLOSE |
| 21 Apr 2023 | £2,933,805 | £2,912,000 | MUNSTEAD WOOD HEATH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Heath Lane | |
| Jan 2024 | Anti-social behaviour | On or near Heath Lane | |
| Jan 2024 | Anti-social behaviour | On or near Heath Lane | |
| Jan 2024 | Anti-social behaviour | On or near Heath Lane | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Heath Lane |