£507,097
This estimated value is based upon the latest sale price for the house of £382,500 on 12 May 2016. 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 |
|---|---|
| £382,500 | 12 May 2016 |
| Semi-Detached |
| 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 May 2016 the House Price Index for SURREY was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £382,500 results in an estimated price of approximately £507,097.
| 12 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 146.7 | 32.574 % | £382,500 | £124,597 | £507,097 |
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 | -3.741 % | £-14,308 | £368,191 |
| 3 Month Average | 13.733 % | £52,527 | £435,027 |
| 6 Month Average | 26.478 % | £101,278 | £483,778 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 28 Mar 2014.
The average size of a house on LONG GORE is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Green Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Little Kiln |