£194,642
This estimated value is based upon the latest sale price for the house of £159,500 on 1 May 2019. 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 |
|---|---|
| £159,500 | 1 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2019 the House Price Index for SURREY was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £159,500 results in an estimated price of approximately £194,642.
| 1 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £159,500 | £35,142 | £194,642 |
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 | -31.660 % | £-50,497 | £109,002 |
| 3 Month Average | -14.026 % | £-22,371 | £137,128 |
| 6 Month Average | 16.661 % | £26,573 | £186,073 |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 10 Dec 2018.
The average size of a house on MARJORAM CLOSE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marjoram Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marjoram Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Marjoram Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tarragon Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tarragon Drive |