£490,486
This estimated value is based upon the latest sale price for the house of £405,000 on 19 Dec 2019. 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 |
|---|---|
| £405,000 | 19 Dec 2019 |
| £368,000 | 15 Jul 2016 |
| £240,000 | 9 Jan 2009 |
| £92,950 | 18 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 December 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £405,000 results in an estimated price of approximately £490,486.
| 19 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £405,000 | £85,486 | £490,486 |
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 | -47.146 % | £-190,941 | £214,058 |
| 3 Month Average | -22.956 % | £-92,971 | £312,028 |
| 6 Month Average | 9.442 % | £38,241 | £443,241 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Jun 2019.
The average size of a house on THORPES CLOSE is 111 sq meters (1,201 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Somertons Close |
| Feb 2024 | Anti-social behaviour | On or near Peak Road | |
| Feb 2024 | Anti-social behaviour | On or near Peak Road | |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station |