£468,531
This estimated value is based upon the latest sale price for the house of £258,500 on 25 Nov 2005. 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 |
|---|---|
| £258,500 | 25 Nov 2005 |
| 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 November 2005 the House Price Index for SURREY was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £258,500 results in an estimated price of approximately £468,531.
| 25 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £258,500 | £210,031 | £468,531 |
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 | 62.110 % | £160,553 | £419,053 |
| 3 Month Average | 56.082 % | £144,971 | £403,471 |
| 6 Month Average | 84.650 % | £218,821 | £477,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £420,089 | £415,000 | 6 OCKFORD RIDGE |
| 12 Jun 2023 | £566,867 | £560,000 | 34A HAWTHORN ROAD |
| 10 Mar 2023 | £757,133 | £750,000 | 28 HAWTHORN ROAD |
| 3 Feb 2022 | £996,260 | £950,000 | 29 PRIMROSE RIDGE |
| 30 Jun 2021 | £665,213 | £620,000 | CEDARHURST PRIMROSE RIDGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near May Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Laurel Close |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Laurel Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Laurel Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ockford Ridge |