£354,482
This estimated value is based upon the latest sale price for the house of £208,900 on 20 Jan 2012. 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 |
|---|---|
| £208,900 | 20 Jan 2012 |
| £195,650 | 22 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 January 2012 the House Price Index for SURREY was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.690%.Applying this 69.690% change to the original purchase price of £208,900 results in an estimated price of approximately £354,482.
| 20 Jan 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.690 % | £208,900 | £145,582 | £354,482 |
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 | -30.329 % | £-63,357 | £145,542 |
| 3 Month Average | 9.312 % | £19,452 | £228,352 |
| 6 Month Average | 47.073 % | £98,336 | £307,236 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 31 Jul 2014.
The average size of a house on MONTGOMERIE DRIVE is 69 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Montgomerie Drive |
| Mar 2024 | Anti-social behaviour | On or near Cinnamon Gardens | |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hamilton Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hamilton Place |
| Mar 2024 | Anti-social behaviour | On or near Oakwood |