£221,087
This estimated value is based upon the latest sale price for the house of £206,000 on 13 Sep 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 |
|---|---|
| £206,000 | 13 Sep 2021 |
| £227,500 | 6 Jan 2017 |
| £159,995 | 8 Jun 2007 |
| £49,000 | 7 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £206,000 results in an estimated price of approximately £221,087.
| 13 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £206,000 | £15,087 | £221,087 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -28.148 % | £-57,984 | £148,015 |
| 3 Month Average | -5.241 % | £-10,797 | £195,202 |
| 6 Month Average | 0.461 % | £949 | £206,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £216,315 | £215,000 | 5 FERNDOWN COURT STOCTON CLOSE |
| 29 Apr 2022 | £384,615 | £375,000 | 21 STOCTON CLOSE |
| 17 Mar 2022 | £170,293 | £165,000 | 3 SPRINGSIDE COURT JOSEPHS ROAD |
| 31 Jan 2022 | £246,317 | £235,000 | 6 FERNDOWN COURT STOCTON CLOSE |
| 14 Dec 2021 | £240,087 | £225,000 | 12 SPRINGSIDE COURT JOSEPHS ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 5 Dec 2012. Using an estimated price of £221,088 means this house is valued at £5,392 per sq meter (£500 per sq foot).
The average size of a house on JOSEPHS ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |