£377,105
This estimated value is based upon the latest sale price for the house of £370,000 on 26 May 2022. 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 |
|---|---|
| £370,000 | 26 May 2022 |
| £375,000 | 28 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 May 2022 the House Price Index for SURREY was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £370,000 results in an estimated price of approximately £377,105.
| 26 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £370,000 | £7,105 | £377,105 |
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 | -29.042 % | £-107,457 | £262,542 |
| 3 Month Average | -18.786 % | £-69,507 | £300,492 |
| 6 Month Average | -6.105 % | £-22,586 | £347,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 May 2022 | £377,106 | £370,000 | FLAT 41 WEY CORNER WALNUT TREE CLOSE |
| 11 Mar 2022 | £102,590 | £99,000 | FLAT 9 WEY CORNER WALNUT TREE CLOSE |
| 27 Aug 2021 | £334,685 | £300,000 | 1 RIVERVIEW |
| 20 Jun 2021 | £477,451 | £445,000 | FLAT 56 WEY CORNER WALNUT TREE CLOSE |
| 2 Dec 2020 | £395,961 | £345,000 | 173 WALNUT TREE CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Aug 2018. Using an estimated price of £377,106 means this house is valued at £5,465 per sq meter (£507 per sq foot).
The average size of a house on WALNUT TREE CLOSE is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kernal Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kernal Court |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Kernal Court |
| Feb 2024 | Anti-social behaviour | On or near Kernal Court | |
| Feb 2024 | Anti-social behaviour | On or near Kernal Court |