£403,080
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Oct 2003. 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 |
|---|---|
| £180,000 | 30 Oct 2003 |
| £95,000 | 24 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2003 the House Price Index for SURREY was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £180,000 results in an estimated price of approximately £403,080.
| 30 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £180,000 | £223,080 | £403,080 |
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 | 256.077 % | £460,939 | £640,939 |
| 3 Month Average | 89.535 % | £161,162 | £341,162 |
| 6 Month Average | 104.504 % | £188,106 | £368,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £706,127 | £699,950 | 18 HENDERSON AVENUE |
| 15 Aug 2023 | £368,221 | £365,000 | 134 GRANGE ROAD |
| 23 Sep 2022 | £396,796 | £400,000 | 7 DAYSPRING |
| 4 Jul 2022 | £391,053 | £390,000 | 8 ROBIN WAY |
| 26 May 2022 | £197,726 | £194,000 | 12 TYRWHITT COURT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Jun 2019. Using an estimated price of £403,080 means this house is valued at £4,633 per sq meter (£430 per sq foot).
The average size of a house on GRANGE ROAD is 78 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Robin Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Robin Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crowcroft Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crowcroft Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Crowcroft Close |