£649,596
This estimated value is based upon the latest sale price for the house of £390,000 on 20 Jun 2013. 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 |
|---|---|
| £390,000 | 20 Jun 2013 |
| £395,000 | 22 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 June 2013 the House Price Index for SURREY was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £390,000 results in an estimated price of approximately £649,596.
| 20 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £390,000 | £259,596 | £649,596 |
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 | 188.209 % | £734,015 | £1,124,015 |
| 3 Month Average | 37.984 % | £148,137 | £538,137 |
| 6 Month Average | 53.051 % | £206,900 | £596,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £706,127 | £699,950 | 18 HENDERSON AVENUE |
| 7 Aug 2023 | £562,420 | £557,500 | 6 WHATELEY CLOSE |
| 3 Apr 2023 | £702,565 | £695,000 | 12 WHATELEY CLOSE |
| 21 Jul 2022 | £626,687 | £625,000 | 17 WHATELEY CLOSE |
| 28 Mar 2022 | £501,551 | £484,000 | 5 WHATELEY CLOSE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 22 Oct 2012. Using an estimated price of £649,597 means this house is valued at £4,884 per sq meter (£453 per sq foot).
The average size of a house on WHATELEY CLOSE is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Whateley Close | |
| Feb 2024 | Anti-social behaviour | On or near Whateley Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Whateley Close |
| Jan 2024 | Anti-social behaviour | On or near Whateley Close | |
| Jan 2024 | Anti-social behaviour | On or near Whateley Close |