£285,454
This estimated value is based upon the latest sale price for the house of £262,000 on 12 Nov 2021. 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 |
|---|---|
| £262,000 | 12 Nov 2021 |
| £232,000 | 1 Jun 2018 |
| £247,000 | 10 Feb 2017 |
| £205,000 | 29 Feb 2008 |
| £129,950 | 29 Apr 2003 |
| 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 November 2021 the House Price Index for SURREY was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £262,000 results in an estimated price of approximately £285,454.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £262,000 | £23,454 | £285,454 |
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 | -31.233 % | £-81,830 | £180,169 |
| 3 Month Average | -6.554 % | £-17,171 | £244,828 |
| 6 Month Average | -6.583 % | £-17,248 | £244,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £250,000 | £250,000 | 2 ROSENEATH STATION ROAD |
| 13 May 2024 | £435,000 | £435,000 | 37 FARNCOMBE STREET |
| 13 Nov 2023 | £266,772 | £260,000 | FLAT 2 35A FARNCOMBE STREET |
| 22 Sep 2023 | £293,981 | £287,500 | 4A STATION PLACE FARNCOMBE STREET |
| 26 Jan 2023 | £440,677 | £439,500 | 1 MAPLE COTTAGE NORTH STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 2 Nov 2016. Using an estimated price of £285,454 means this house is valued at £5,385 per sq meter (£500 per sq foot).
The average size of a house on FARNCOMBE STREET is 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Owen Road | |
| May 2024 | Anti-social behaviour | On or near Owen Road | |
| May 2024 | Anti-social behaviour | On or near Owen Road |