£538,030
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Apr 2014. 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 |
---|---|
£350,000 | 2 Apr 2014 |
£250,000 | 16 Apr 2009 |
£285,000 | 11 Aug 2006 |
£176,000 | 6 Oct 2000 |
£137,000 | 19 Feb 1999 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 April 2014 the House Price Index for SURREY was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £350,000 results in an estimated price of approximately £538,030.
2 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 146.7 | 53.723 % | £350,000 | £188,030 | £538,030 |
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 | -73.382 % | £-256,836 | £93,163 |
3 Month Average | -8.536 % | £-29,877 | £320,122 |
6 Month Average | 55.556 % | £194,444 | £544,444 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 Jan 2020.
The average size of a house on SCHOLARS WALK is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Theft from the person | Under investigation | On or near Further/Higher Educational Building |
Feb 2024 | Drugs | Under investigation | On or near Further/Higher Educational Building |
Feb 2024 | Other theft | Under investigation | On or near Further/Higher Educational Building |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Further/Higher Educational Building |