£498,244
This estimated value is based upon the latest sale price for the house of £360,000 on 14 Dec 2015. 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 |
|---|---|
| £360,000 | 14 Dec 2015 |
| £228,000 | 12 Aug 2011 |
| £77,000 | 31 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2015 the House Price Index for SURREY was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £360,000 results in an estimated price of approximately £498,244.
| 14 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £360,000 | £138,244 | £498,244 |
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 | 110.502 % | £397,806 | £757,806 |
| 3 Month Average | 8.915 % | £32,092 | £392,092 |
| 6 Month Average | 17.424 % | £62,728 | £422,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £933,164 | £925,000 | 59 KNOX ROAD |
| 14 Apr 2023 | £475,116 | £470,000 | 7 CUMBERLAND AVENUE |
| 16 Jun 2022 | £460,508 | £454,000 | 28 CUMBERLAND AVENUE |
| 27 May 2022 | £507,054 | £497,500 | 15 CUMBERLAND AVENUE |
| 10 May 2022 | £570,754 | £560,000 | 24 BRITTENS CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Feb 2015. Using an estimated price of £498,245 means this house is valued at £6,643 per sq meter (£617 per sq foot).
The average size of a house on CUMBERLAND AVENUE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knox Road |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Knox Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coriander Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wake Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wake Close |