£1,226,183
This estimated value is based upon the latest sale price for the house of £247,500 on 17 Oct 1997. 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 |
|---|---|
| £247,500 | 17 Oct 1997 |
| 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 October 1997 the House Price Index for SURREY was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £247,500 results in an estimated price of approximately £1,226,183.
| 17 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £247,500 | £978,683 | £1,226,183 |
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 | 720.278 % | £1,782,687 | £2,030,187 |
| 3 Month Average | 325.218 % | £804,914 | £1,052,414 |
| 6 Month Average | 384.593 % | £951,867 | £1,199,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,256,993 | £1,235,000 | 19 POLTIMORE ROAD |
| 30 Nov 2023 | £1,725,547 | £1,700,000 | 104 WODELAND AVENUE |
| 27 Sep 2023 | £1,595,399 | £1,575,000 | 58 WODELAND AVENUE |
| 4 Aug 2023 | £1,215,635 | £1,205,000 | ROWAN TREE HOUSE, 75 FARNHAM ROAD |
| 27 Jul 2023 | £709,550 | £700,000 | 24 AGRARIA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Annandale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Annandale Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Carroll Place |
| Jan 2024 | Anti-social behaviour | On or near Poltimore Road | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Poltimore Road |