£284,214
This estimated value is based upon the latest sale price for the house of £56,000 on 21 Aug 1997. 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 |
|---|---|
| £56,000 | 21 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 1997 the House Price Index for SURREY was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £56,000 results in an estimated price of approximately £284,214.
| 21 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £56,000 | £228,214 | £284,214 |
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 | 361.598 % | £202,495 | £258,495 |
| 3 Month Average | 428.736 % | £240,091 | £296,091 |
| 6 Month Average | 452.390 % | £253,338 | £309,338 |
| 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 53 sq meters or 570 sq feet when measured on 4 Sep 2013. Using an estimated price of £284,215 means this house is valued at £5,362 per sq meter (£498 per sq foot).
The average size of a house on WILDERNESS ROAD is 86 sq meters (927 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 |