£841,602
This estimated value is based upon the latest sale price for the house of £690,000 on 21 Jan 2020. 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 |
|---|---|
| £690,000 | 21 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2020 the House Price Index for SURREY was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £690,000 results in an estimated price of approximately £841,602.
| 21 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £690,000 | £151,602 | £841,602 |
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 | -11.176 % | £-77,117 | £612,882 |
| 3 Month Average | 7.467 % | £51,521 | £741,521 |
| 6 Month Average | 10.718 % | £73,957 | £763,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £984,221 | £967,000 | CROSSWAYS HEATH LANE |
| 18 Aug 2023 | £1,740,224 | £1,725,000 | WILD ACRE SOUTH MUNSTEAD LANE |
| 16 Jun 2023 | £759,196 | £750,000 | MARAMUNY SOUTH MUNSTEAD LANE |
| 21 Apr 2023 | £2,943,695 | £2,912,000 | MUNSTEAD WOOD HEATH LANE |
| 5 Jul 2022 | £1,955,263 | £1,950,000 | THE OLD COTTAGE HASCOMBE ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 8 Oct 2019. Using an estimated price of £841,603 means this house is valued at £6,011 per sq meter (£558 per sq foot).
The average size of a house on SOUTH MUNSTEAD LANE is 181 sq meters (1,950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Munstead Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Hydon Heath | |
| Jan 2024 | Anti-social behaviour | On or near Hydon Heath | |
| Jan 2024 | Anti-social behaviour | On or near Hydon Heath |