£582,438
This estimated value is based upon the latest sale price for the house of £547,500 on 24 Sep 2021. 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 |
|---|---|
| £547,500 | 24 Sep 2021 |
| £490,000 | 24 May 2018 |
| £117,000 | 28 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £547,500 results in an estimated price of approximately £582,438.
| 24 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £547,500 | £34,938 | £582,438 |
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 | 4.861 % | £26,612 | £574,112 |
| 3 Month Average | -1.934 % | £-10,588 | £536,911 |
| 6 Month Average | 5.887 % | £32,229 | £579,729 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 15 Feb 2018.
The average size of a house on LANGHAM CLOSE is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bircholt Grove |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Alderbank Drive |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Scizdons Climb |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Weyview Gardens |
| Nov 2023 | Public order | Under investigation | On or near Weyview Gardens |