£1,471,880
This estimated value is based upon the latest sale price for the house of £270,000 on 2 Sep 1996. 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 |
|---|---|
| £270,000 | 2 Sep 1996 |
| 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 September 1996 the House Price Index for SURREY was 26.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 445.141%.Applying this 445.141% change to the original purchase price of £270,000 results in an estimated price of approximately £1,471,880.
| 2 Sep 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 146.7 | 445.141 % | £270,000 | £1,201,880 | £1,471,880 |
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 | 349.976 % | £944,934 | £1,214,934 |
| 3 Month Average | 348.061 % | £939,765 | £1,209,765 |
| 6 Month Average | 405.445 % | £1,094,702 | £1,364,702 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Woodmancourt |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Twycross Road |
| Mar 2024 | Public order | Action to be taken by another organisation | On or near Binscombe |
| Feb 2024 | Possession of weapons | Further action is not in the public interest | On or near Binscombe |
| Feb 2024 | Drugs | Further action is not in the public interest | On or near Binscombe |