£836,335
This estimated value is based upon the latest sale price for the house of £655,000 on 29 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 |
|---|---|
| £655,000 | 29 Sep 2017 |
| £606,000 | 17 Oct 2014 |
| Detached |
| Freehold |
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 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £655,000 results in an estimated price of approximately £836,335.
| 29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £655,000 | £181,335 | £836,335 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 3.498 % | £22,910 | £677,910 |
| 3 Month Average | -4.222 % | £-27,651 | £627,348 |
| 6 Month Average | 11.736 % | £76,870 | £731,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £517,958 | £510,000 | 30 FAIRLANDS AVENUE |
| 30 Nov 2023 | £379,637 | £370,000 | 7 FAIRLANDS AVENUE |
| 6 Nov 2023 | £1,231,254 | £1,200,000 | PITMORE FARM HOUSE HOLLY LANE |
| 27 Oct 2023 | £456,365 | £446,000 | 7 ST MICHAELS AVENUE |
| 12 Oct 2023 | £613,944 | £600,000 | 20 ST MICHAELS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Farm Close |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Farm Close |
| Apr 2024 | Other crime | Awaiting court outcome | On or near Farm Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairlands Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairlands Road |