£1,257,120
This estimated value is based upon the latest sale price for the house of £397,000 on 20 Dec 2001. 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 |
|---|---|
| £397,000 | 20 Dec 2001 |
| Semi-Detached |
| Freehold |
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 2001 the House Price Index for SURREY was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £397,000 results in an estimated price of approximately £1,257,120.
| 20 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £397,000 | £860,120 | £1,257,120 |
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 | 112.771 % | £447,699 | £844,699 |
| 3 Month Average | 115.123 % | £457,039 | £854,039 |
| 6 Month Average | 154.026 % | £611,482 | £1,008,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £364,690 | £361,500 | 15 CHERRY TREE LANE |
| 21 Aug 2023 | £262,295 | £260,000 | 19 REDWING AVENUE |
| 25 Jul 2023 | £357,309 | £352,500 | 19 COPSE SIDE |
| 19 Jul 2023 | £349,707 | £345,000 | 20 COPSE SIDE |
| 6 Jan 2023 | £860,944 | £865,000 | 125 BINSCOMBE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Copse Side |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Lane |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Cherry Tree Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |