£846,249
This estimated value is based upon the latest sale price for the house of £685,000 on 4 Oct 2019. 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 |
---|---|
£685,000 | 4 Oct 2019 |
£654,000 | 20 Sep 2017 |
£605,000 | 15 Jun 2012 |
£377,500 | 12 Oct 2004 |
Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 October 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £685,000 results in an estimated price of approximately £846,249.
4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £685,000 | £161,249 | £846,249 |
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 | 12.336 % | £84,499 | £769,499 |
3 Month Average | 31.574 % | £216,283 | £901,283 |
6 Month Average | 26.114 % | £178,878 | £863,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £82,485 | £79,950 | 47 REEVE COURT TARRAGON DRIVE |
8 Dec 2023 | £422,998 | £410,000 | 96 CUMBERLAND AVENUE |
14 Sep 2023 | £350,220 | £342,500 | 4 THE BUNGALOWS |
16 Feb 2023 | £428,865 | £426,000 | 86 CUMBERLAND AVENUE |
14 Feb 2023 | £380,039 | £377,500 | 7 WEYDOWN CLOSE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 28 Jan 2015. Using an estimated price of £846,249 means this house is valued at £5,289 per sq meter (£491 per sq foot).
The average size of a house on WEYDOWN LANE is 199 sq meters (2,147 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Weydown Close | |
Sep 2024 | Anti-social behaviour | On or near Weydown Close | |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shelton Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regalfield Close |
Sep 2024 | Anti-social behaviour | On or near Marjoram Close |