£1,068,551
This estimated value is based upon the latest sale price for the house of £232,500 on 2 Sep 1998. 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 |
|---|---|
| £232,500 | 2 Sep 1998 |
| £166,000 | 17 Feb 1995 |
| 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 September 1998 the House Price Index for SURREY was 31.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 359.592%.Applying this 359.592% change to the original purchase price of £232,500 results in an estimated price of approximately £1,068,551.
| 2 Sep 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 146.7 | 359.592 % | £232,500 | £836,051 | £1,068,551 |
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 | 194.926 % | £453,202 | £685,702 |
| 3 Month Average | 233.186 % | £542,157 | £774,657 |
| 6 Month Average | 298.158 % | £693,217 | £925,717 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakdene Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Busbridge Lane |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Park Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heathfield Close |