£484,713
This estimated value is based upon the latest sale price for the house of £475,000 on 28 Jun 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 |
|---|---|
| £475,000 | 28 Jun 2023 |
| £128,000 | 2 May 1997 |
| £89,000 | 31 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 June 2023 the House Price Index for SURREY was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £475,000 results in an estimated price of approximately £484,713.
| 28 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £475,000 | £9,713 | £484,713 |
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 | 11.781 % | £55,961 | £530,961 |
| 3 Month Average | 18.916 % | £89,849 | £564,849 |
| 6 Month Average | 13.395 % | £63,623 | £538,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £484,714 | £475,000 | 7 THE KEEP CARDWELLS KEEP |
| 14 Apr 2023 | £428,005 | £420,000 | 327 STOUGHTON ROAD |
| 12 Apr 2023 | £585,960 | £575,000 | 2 TEVIOT CLOSE |
| 2 Feb 2023 | £578,867 | £575,000 | 21 CARDWELLS KEEP |
| 5 Jan 2023 | £466,246 | £465,000 | 23 QUEENS DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 9 Aug 2021. Using an estimated price of £484,714 means this house is valued at £5,911 per sq meter (£549 per sq foot).
The average size of a house on CARDWELLS KEEP is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynchmere Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lynchmere Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynchmere Place |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen'S Drive |
| Sep 2024 | Public order | Under investigation | On or near Barrack Road |