£335,820
This estimated value is based upon the latest sale price for the house of £279,950 on 16 Mar 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 |
|---|---|
| £279,950 | 16 Mar 2020 |
| £270,000 | 20 Dec 2019 |
| £217,000 | 2 Nov 2012 |
| £218,500 | 19 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
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 March 2020 the House Price Index for SURREY was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £279,950 results in an estimated price of approximately £335,820.
| 16 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £279,950 | £55,870 | £335,820 |
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 | 24.382 % | £68,256 | £348,206 |
| 3 Month Average | 153.850 % | £430,702 | £710,652 |
| 6 Month Average | 87.550 % | £245,096 | £525,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £565,000 | £565,000 | 12 GRAYS ROAD |
| 12 Dec 2023 | £611,570 | £600,000 | 52 GEORGE ROAD |
| 2 Nov 2023 | £613,374 | £605,500 | 85 GEORGE ROAD |
| 31 Jul 2023 | £620,873 | £615,000 | 67 GEORGE ROAD |
| 9 Jun 2023 | £474,346 | £470,500 | THE HILLS GRAYS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Grays Road |