£1,651,310
This estimated value is based upon the latest sale price for the house of £440,000 on 19 Jun 2000. 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 |
|---|---|
| £440,000 | 19 Jun 2000 |
| Detached |
| Freehold |
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 2000 the House Price Index for SURREY was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £440,000 results in an estimated price of approximately £1,651,310.
| 19 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £440,000 | £1,211,310 | £1,651,310 |
The Postcode Pricing Model uses changes in average sales price within the GU4 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 | 63.139 % | £277,811 | £717,811 |
| 3 Month Average | 197.820 % | £870,405 | £1,310,405 |
| 6 Month Average | 203.851 % | £896,943 | £1,336,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £943,252 | £935,000 | 28 CHINTHURST PARK |
| 10 Aug 2023 | £1,023,958 | £1,015,000 | PILGRIMS, 38 SUMMERSBURY DRIVE |
| 15 Jun 2023 | £1,189,407 | £1,175,000 | THE CLOCK HOUSE, 10 SUMMERSBURY DRIVE |
| 25 Jul 2022 | £1,002,699 | £1,000,000 | 53 POPLAR ROAD |
| 20 Jun 2022 | £889,057 | £876,493 | 6 GRANTLEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Morecote Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashcroft |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashcroft |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Station Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bryant Mews |