£1,140,719
This estimated value is based upon the latest sale price for the house of £900,000 on 21 Sep 2017. 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 |
|---|---|
| £900,000 | 21 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 September 2017 the House Price Index for SURREY was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £900,000 results in an estimated price of approximately £1,140,719.
| 21 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £900,000 | £240,719 | £1,140,719 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | 1.566 % | £14,091 | £914,091 |
| 3 Month Average | 11.710 % | £105,393 | £1,005,393 |
| 6 Month Average | 25.301 % | £227,709 | £1,127,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £490,947 | £485,000 | 5 HARVEST HILL |
| 1 Mar 2023 | £252,378 | £250,000 | FLAT 2B ELMHURST TUESLEY LANE |
| 9 Sep 2022 | £376,956 | £380,000 | FLAT 3 THE MOUNT HOUSE, 16 BUSBRIDGE LANE |
| 6 Jul 2022 | £175,472 | £175,000 | FLAT 3 HILL HOUSE OCKFORD ROAD |
| 6 May 2022 | £662,483 | £650,000 | 1 FIRGROVE HOUSE OCKFORD ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 26 Apr 2017. Using an estimated price of £1,140,719 means this house is valued at £8,090 per sq meter (£751 per sq foot).
The average size of a house on BRAEMAR CLOSE is 156 sq meters (1,683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ockford Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Windy Wood |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Harvest Hill |