£301,897
This estimated value is based upon the latest sale price for the house of £245,000 on 12 May 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 |
|---|---|
| £245,000 | 12 May 2020 |
| £240,000 | 26 Jun 2015 |
| £187,000 | 31 Dec 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2020 the House Price Index for SURREY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £245,000 results in an estimated price of approximately £301,897.
| 12 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £245,000 | £56,897 | £301,897 |
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 | -16.798 % | £-41,154 | £203,845 |
| 3 Month Average | 22.848 % | £55,978 | £300,978 |
| 6 Month Average | 21.496 % | £52,665 | £297,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £348,715 | £338,000 | 138 WORPLESDON ROAD |
| 30 Nov 2023 | £443,252 | £432,000 | 101 NEW CROSS ROAD |
| 24 Aug 2023 | £422,622 | £415,000 | 110 WORPLESDON ROAD |
| 23 Jun 2023 | £260,215 | £255,000 | 22 STRATTON COURT WORPLESDON ROAD |
| 28 Apr 2023 | £361,767 | £355,000 | 144 WORPLESDON ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Jul 2012. Using an estimated price of £301,898 means this house is valued at £5,489 per sq meter (£509 per sq foot).
The average size of a house on WORPLESDON ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Martin Road |
| Aug 2024 | Shoplifting | Unable to prosecute suspect | On or near Martin Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martin Road |
| Jul 2024 | Anti-social behaviour | On or near Martin Road | |
| Jul 2024 | Anti-social behaviour | On or near Martin Road |