£1,423,661
This estimated value is based upon the latest sale price for the house of £725,000 on 15 Jul 2004. 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 |
|---|---|
| £725,000 | 15 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 412 sq meters or 4,434 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 2004 the House Price Index for SURREY was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £725,000 results in an estimated price of approximately £1,423,661.
| 15 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £725,000 | £698,661 | £1,423,661 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 45.409 % | £329,218 | £1,054,218 |
| 3 Month Average | 96.274 % | £697,986 | £1,422,986 |
| 6 Month Average | 106.156 % | £769,628 | £1,494,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £1,227,049 | £1,200,000 | 3 GREAT QUARRY |
| 25 Aug 2023 | £2,365,158 | £2,322,500 | 12 WARWICKS BENCH |
| 16 Mar 2023 | £1,194,956 | £1,175,000 | 10 GREAT QUARRY |
| 31 Jan 2023 | £2,005,358 | £2,000,000 | 6 CHANTRY QUARRY |
| 7 Apr 2022 | £2,052,021 | £1,978,000 | 11 CHANTRY QUARRY |
This house has a floor area of 412 sq meters or 4,434 sq feet when measured on 15 Oct 2014. Using an estimated price of £1,423,661 means this house is valued at £3,455 per sq meter (£321 per sq foot).
The average size of a house on CHANTRY VIEW ROAD is 275 sq meters (2,967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chantry Quarry |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shalford Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shalford Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Great Quarry |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Great Quarry |