£775,605
This estimated value is based upon the latest sale price for the house of £785,000 on 11 Nov 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 |
---|---|
£785,000 | 11 Nov 2022 |
£385,000 | 30 Jan 2015 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 November 2022 the House Price Index for SURREY was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £785,000 results in an estimated price of approximately £775,605.
11 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 148.6 | -1.197 % | £785,000 | £-9,394 | £775,605 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | -19.925 % | £-156,409 | £628,590 |
3 Month Average | 10.887 % | £85,466 | £870,466 |
6 Month Average | 11.088 % | £87,039 | £872,039 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £446,510 | £440,500 | 3 SIME CLOSE |
11 Nov 2022 | £775,605 | £785,000 | 13 GRAVETTS LANE |
13 Oct 2022 | £645,055 | £652,000 | 3 MEADOWCROFT, 70 KEENS LANE |
12 Oct 2022 | £628,236 | £635,000 | 1 MEADOWCROFT, 70 KEENS LANE |
29 Oct 2021 | £874,118 | £790,000 | 9 GRAVETTS LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 May 2014. Using an estimated price of £775,605 means this house is valued at £10,624 per sq meter (£987 per sq foot).
The average size of a house on GRAVETTS LANE is 151 sq meters (1,626 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Tangley Lane |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tangley Lane |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Findlay Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keens Park Road |
Jan 2024 | Drugs | Local resolution | On or near Liddington New Road |