£433,713
This estimated value is based upon the latest sale price for the house of £345,000 on 20 Dec 2017. 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 |
|---|---|
| £345,000 | 20 Dec 2017 |
| £250,000 | 23 Mar 2012 |
| £235,000 | 22 Jan 2010 |
| £82,000 | 16 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2017 the House Price Index for SURREY was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £345,000 results in an estimated price of approximately £433,713.
| 20 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £345,000 | £88,713 | £433,713 |
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 | 86.340 % | £297,872 | £642,872 |
| 3 Month Average | -5.956 % | £-20,549 | £324,450 |
| 6 Month Average | -1.138 % | £-3,927 | £341,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £365,410 | £360,000 | 34 WHITFIELD CLOSE |
| 22 Aug 2022 | £410,146 | £411,250 | 8 MONRO DRIVE |
| 28 Jun 2022 | £588,314 | £580,000 | 16 CARDWELLS KEEP |
| 18 Jan 2022 | £626,183 | £595,000 | 18 FAIRBORNE WAY |
| 23 Sep 2021 | £688,582 | £639,000 | 27 FAIRBORNE WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 18 Nov 2021. Using an estimated price of £433,714 means this house is valued at £7,477 per sq meter (£694 per sq foot).
The average size of a house on MONRO DRIVE is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kirkefields |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairborne Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Harts Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whitfield Close |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Whitfield Close |