£198,311
This estimated value is based upon the latest sale price for the house of £195,000 on 31 Mar 2023. 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 |
---|---|
£195,000 | 31 Mar 2023 |
£190,000 | 5 Jul 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 March 2023 the House Price Index for SURREY was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £195,000 results in an estimated price of approximately £198,311.
31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £195,000 | £3,311 | £198,311 |
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 | -17.792 % | £-34,694 | £160,305 |
3 Month Average | -6.573 % | £-12,816 | £182,183 |
6 Month Average | -11.984 % | £-23,368 | £171,631 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £348,715 | £338,000 | 138 WORPLESDON ROAD |
24 Nov 2023 | £405,288 | £395,000 | 148 WORPLESDON ROAD |
23 Jun 2023 | £260,215 | £255,000 | 22 STRATTON COURT WORPLESDON ROAD |
28 Apr 2023 | £361,767 | £355,000 | 144 WORPLESDON ROAD |
31 Mar 2023 | £198,312 | £195,000 | 20 STRATTON COURT WORPLESDON ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 23 Feb 2018. Using an estimated price of £198,312 means this house is valued at £3,541 per sq meter (£328 per sq foot).
The average size of a house on WORPLESDON ROAD is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Fentum Road |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fentum Road |
Aug 2024 | Drugs | Under investigation | On or near Fentum Road |
Jul 2024 | Anti-social behaviour | On or near Fentum Road | |
Jul 2024 | Anti-social behaviour | On or near Fentum Road |