£200,618
This estimated value is based upon the latest sale price for the house of £197,000 on 4 Aug 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 |
|---|---|
| £197,000 | 4 Aug 2023 |
| £185,000 | 7 Jan 2016 |
| £102,000 | 30 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 August 2023 the House Price Index for SURREY was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £197,000 results in an estimated price of approximately £200,618.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £197,000 | £3,618 | £200,618 |
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 | -5.131 % | £-10,107 | £186,892 |
| 3 Month Average | -0.091 % | £-178 | £196,821 |
| 6 Month Average | 11.888 % | £23,419 | £220,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £412,500 | £412,500 | 13 WINDSOR CLOSE |
| 15 Dec 2023 | £283,718 | £275,000 | 5 POWELL CLOSE |
| 1 Nov 2023 | £1,005,524 | £980,000 | 13 WILDERNESS ROAD |
| 15 Aug 2023 | £215,894 | £212,000 | 30 WILDERNESS COURT WILDERNESS ROAD |
| 4 Aug 2023 | £200,618 | £197,000 | 26 WILDERNESS COURT WILDERNESS ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 2 Apr 2014. Using an estimated price of £200,618 means this house is valued at £5,015 per sq meter (£465 per sq foot).
The average size of a house on WILDERNESS ROAD is 86 sq meters (927 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wilderness Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wilderness Road |
| Sep 2024 | Public order | Awaiting court outcome | On or near Windsor Close |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Windsor Close |
| Sep 2024 | Anti-social behaviour | On or near Ellis Avenue |