£611,747
This estimated value is based upon the latest sale price for the house of £425,000 on 9 Jul 2015. 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 |
|---|---|
| £425,000 | 9 Jul 2015 |
| £246,650 | 8 Jan 2004 |
| £215,000 | 31 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2015 the House Price Index for SURREY was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £425,000 results in an estimated price of approximately £611,747.
| 9 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £425,000 | £186,747 | £611,747 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | -15.745 % | £-66,915 | £358,084 |
| 3 Month Average | 2.058 % | £8,744 | £433,744 |
| 6 Month Average | 25.966 % | £110,356 | £535,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £496,296 | £489,950 | 32 EASHING LANE |
| 30 Jun 2023 | £420,089 | £415,000 | 6 OCKFORD RIDGE |
| 29 Jun 2023 | £551,683 | £545,000 | MULBERRY LODGE, 1B OCKFORD RIDGE |
| 12 Jun 2023 | £372,512 | £368,000 | 47 COOPERS RISE |
| 5 Apr 2023 | £601,476 | £595,000 | PLUM COTTAGE, 192 OCKFORD RIDGE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Oct 2015. Using an estimated price of £611,748 means this house is valued at £6,797 per sq meter (£631 per sq foot).
The average size of a house on QUARRY HILL is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Quarry Hill |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Quarry Hill |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitebeam Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Eashing Lane |