£558,142
This estimated value is based upon the latest sale price for the house of £460,000 on 25 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 |
|---|---|
| £460,000 | 25 Mar 2020 |
| £215,000 | 21 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 145 sq meters or 1,560 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 2020 the House Price Index for SURREY was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £460,000 results in an estimated price of approximately £558,142.
| 25 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £460,000 | £98,142 | £558,142 |
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 | 18.908 % | £86,978 | £546,978 |
| 3 Month Average | 177.245 % | £815,327 | £1,275,327 |
| 6 Month Average | 79.552 % | £365,939 | £825,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £820,840 | £820,840 | HIGHBURY UPPER MANOR ROAD |
| 1 Sep 2023 | £501,045 | £490,000 | DRUMLIN BALLFIELD ROAD |
| 3 Aug 2023 | £442,990 | £435,000 | 2 WESTON HOUSE BALLFIELD ROAD |
| 20 Jul 2022 | £434,352 | £430,000 | 14 HILL COURT BALLFIELD ROAD |
| 1 Jul 2022 | £565,668 | £560,000 | SUMBU UPPER MANOR ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 18 Dec 2018. Using an estimated price of £558,142 means this house is valued at £3,849 per sq meter (£357 per sq foot).
The average size of a house on BALLFIELD ROAD is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodcote |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martens Place |
| Sep 2024 | Anti-social behaviour | On or near Martens Place | |
| Sep 2024 | Anti-social behaviour | On or near Martens Place | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Farncombe Street |