£348,010
This estimated value is based upon the latest sale price for the house of £285,000 on 15 Aug 2018. 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 |
|---|---|
| £285,000 | 15 Aug 2018 |
| £196,500 | 3 Oct 2012 |
| £185,000 | 20 Apr 2012 |
| £195,000 | 7 Feb 2008 |
| £65,950 | 21 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 633 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 August 2018 the House Price Index for SURREY was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £285,000 results in an estimated price of approximately £348,010.
| 15 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £285,000 | £63,010 | £348,010 |
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 | -42.105 % | £-120,000 | £164,999 |
| 3 Month Average | -25.547 % | £-72,810 | £212,189 |
| 6 Month Average | 4.905 % | £13,979 | £298,979 |
This house has a floor area of 58 sq meters or 633 sq feet when measured on 28 Sep 2009.
The average size of a house on JOHN RUSSELL CLOSE is 60 sq meters (653 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Peak Road | |
| Feb 2024 | Anti-social behaviour | On or near Peak Road | |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |