£2,028,717
This estimated value is based upon the latest sale price for the house of £1,978,000 on 7 Apr 2022. 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 |
---|---|
£1,978,000 | 7 Apr 2022 |
£1,950,000 | 26 Jul 2017 |
£1,550,000 | 19 Dec 2014 |
Terraced |
Freehold |
Floor Area: 315 sq meters or 3,390 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 April 2022 the House Price Index for SURREY was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £1,978,000 results in an estimated price of approximately £2,028,717.
7 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.0 | 2.564 % | £1,978,000 | £50,717 | £2,028,717 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -46.838 % | £-926,454 | £1,051,545 |
3 Month Average | -21.790 % | £-431,004 | £1,546,995 |
6 Month Average | -14.974 % | £-296,186 | £1,681,813 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £2,336,710 | £2,322,500 | 12 WARWICKS BENCH |
16 Mar 2023 | £1,633,831 | £1,625,000 | 17 ABBOT ROAD |
16 Mar 2023 | £1,181,386 | £1,175,000 | 10 GREAT QUARRY |
31 Jan 2023 | £1,982,585 | £2,000,000 | 6 CHANTRY QUARRY |
8 Sep 2022 | £308,745 | £312,500 | 8 PILGRIM HOUSE QUARRY STREET |
This house has a floor area of 315 sq meters or 3,390 sq feet when measured on 19 Aug 2014. Using an estimated price of £2,028,718 means this house is valued at £6,440 per sq meter (£598 per sq foot).
The average size of a house on CHANTRY QUARRY is 335 sq meters (3,608 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chantry Quarry |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chantry Quarry |
Apr 2024 | Anti-social behaviour | On or near Great Quarry | |
Jan 2024 | Anti-social behaviour | On or near Shalford Road | |
Jan 2024 | Anti-social behaviour | On or near Shalford Road |