£111,659
This estimated value is based upon the latest sale price for the house of £110,000 on 18 May 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 |
---|---|
£110,000 | 18 May 2022 |
£92,000 | 10 Jun 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 May 2022 the House Price Index for SURREY was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £110,000 results in an estimated price of approximately £111,659.
18 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.0 | 1.509 % | £110,000 | £1,659 | £111,659 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | 161.288 % | £177,416 | £287,416 |
3 Month Average | -15.344 % | £-16,878 | £93,121 |
6 Month Average | -3.103 % | £-3,413 | £106,586 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £81,492 | £79,950 | 47 REEVE COURT TARRAGON DRIVE |
8 Dec 2023 | £417,906 | £410,000 | 96 CUMBERLAND AVENUE |
16 Feb 2023 | £423,995 | £426,000 | 86 CUMBERLAND AVENUE |
23 Jun 2022 | £520,273 | £515,000 | 245 WORPLESDON ROAD |
18 May 2022 | £111,660 | £110,000 | 29 REEVE COURT TARRAGON DRIVE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 22 Sep 2021. Using an estimated price of £111,660 means this house is valued at £2,658 per sq meter (£246 per sq foot).
The average size of a house on TARRAGON DRIVE is 46 sq meters (496 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tarragon Drive |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tarragon Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cardamom Close |
Mar 2024 | Anti-social behaviour | On or near Oakwood | |
Mar 2024 | Anti-social behaviour | On or near Oakwood |