£186,345
This estimated value is based upon the latest sale price for the house of £110,000 on 7 Jul 2010. 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 |
|---|---|
| £110,000 | 7 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 July 2010 the House Price Index for SURREY was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £110,000 results in an estimated price of approximately £186,345.
| 7 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £110,000 | £76,345 | £186,345 |
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 | 196.492 % | £216,140 | £326,140 |
| 3 Month Average | 36.618 % | £40,280 | £150,280 |
| 6 Month Average | 53.059 % | £58,365 | £168,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,256,993 | £1,235,000 | 19 POLTIMORE ROAD |
| 18 Sep 2023 | £589,538 | £582,000 | 22 OLD PALACE ROAD |
| 7 Jul 2023 | £1,368,417 | £1,350,000 | 1 IVEAGH ROAD |
| 20 Jun 2023 | £733,890 | £725,000 | 25 OLD PALACE ROAD |
| 14 Jun 2023 | £708,533 | £699,950 | 35 OLD PALACE ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 26 Mar 2019. Using an estimated price of £186,346 means this house is valued at £2,420 per sq meter (£224 per sq foot).
The average size of a house on OLD PALACE ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Old Palace Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Iveagh Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Iveagh Road |
| Feb 2024 | Shoplifting | Under investigation | On or near Iveagh Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Madrid Road |