£1,051,441
This estimated value is based upon the latest sale price for the house of £799,950 on 1 Aug 2016. 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 |
|---|---|
| £799,950 | 1 Aug 2016 |
| £570,000 | 29 Oct 2009 |
| £499,995 | 20 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,721 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 2016 the House Price Index for SURREY was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £799,950 results in an estimated price of approximately £1,051,441.
| 1 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.438 % | £799,950 | £251,491 | £1,051,441 |
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 | -44.337 % | £-354,670 | £445,279 |
| 3 Month Average | -24.804 % | £-198,423 | £601,526 |
| 6 Month Average | 5.823 % | £46,581 | £846,531 |
This house has a floor area of 159 sq meters or 1,721 sq feet when measured on 5 May 2009.
The average size of a house on GODDARD CLOSE is 197 sq meters (2,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Goddard Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Angelica Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Angelica Road |
| Jan 2024 | Anti-social behaviour | On or near Caraway Place | |
| Jan 2024 | Anti-social behaviour | On or near Caraway Place |