£391,589
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Jun 2007. 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 |
---|---|
£250,000 | 22 Jun 2007 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 2007 the House Price Index for SURREY was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £250,000 results in an estimated price of approximately £391,589.
22 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 146.7 | 56.636 % | £250,000 | £141,589 | £391,589 |
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 | -26.209 % | £-65,522 | £184,477 |
3 Month Average | 2.120 % | £5,298 | £255,298 |
6 Month Average | 56.724 % | £141,809 | £391,809 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 Nov 2018.
The average size of a house on QUEENS DRIVE is 120 sq meters (1,298 sq feet).
This house is the smallest in the street with a floor area of 99 sq meters (1,065 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Queen'S Drive |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Queen'S Drive |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Queen'S Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barrack Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barrack Road |