£1,218,760
This estimated value is based upon the latest sale price for the house of £710,000 on 25 Nov 2011. 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 |
|---|---|
| £710,000 | 25 Nov 2011 |
| £525,000 | 1 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 836 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 November 2011 the House Price Index for SURREY was 86.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.656%.Applying this 71.656% change to the original purchase price of £710,000 results in an estimated price of approximately £1,218,760.
| 25 Nov 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.0 | 71.656 % | £710,000 | £508,760 | £1,218,760 |
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 | -4.192 % | £-29,762 | £680,237 |
| 3 Month Average | 13.272 % | £94,227 | £804,227 |
| 6 Month Average | 46.728 % | £331,770 | £1,041,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £985,647 | £967,000 | CROSSWAYS HEATH LANE |
| 18 Aug 2023 | £1,735,554 | £1,725,000 | WILD ACRE SOUTH MUNSTEAD LANE |
| 16 Jun 2023 | £756,131 | £750,000 | MARAMUNY SOUTH MUNSTEAD LANE |
| 21 Apr 2023 | £2,933,805 | £2,912,000 | MUNSTEAD WOOD HEATH LANE |
| 5 Jul 2022 | £1,947,368 | £1,950,000 | THE OLD COTTAGE HASCOMBE ROAD |
This house has a floor area of 77 sq meters or 836 sq feet when measured on 29 Jul 2010. Using an estimated price of £1,218,761 means this house is valued at £15,675 per sq meter (£1,456 per sq foot).
The average size of a house on SOUTH MUNSTEAD LANE is 181 sq meters (1,950 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Munstead Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hydon Heath |
| Jan 2024 | Anti-social behaviour | On or near Hydon Heath |