£252,241
This estimated value is based upon the latest sale price for the house of £160,000 on 10 May 2007. 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 |
|---|---|
| £160,000 | 10 May 2007 |
| £142,000 | 21 Oct 2005 |
| £137,000 | 27 May 2005 |
| £138,000 | 14 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 2007 the House Price Index for SURREY was 93.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.651%.Applying this 57.651% change to the original purchase price of £160,000 results in an estimated price of approximately £252,241.
| 10 May 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 146.7 | 57.651 % | £160,000 | £92,241 | £252,241 |
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 | 47.908 % | £76,652 | £236,652 |
| 3 Month Average | 43.545 % | £69,671 | £229,671 |
| 6 Month Average | 71.598 % | £114,556 | £274,556 |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 14 Mar 2019.
The average size of a house on WEY ROAD is 54 sq meters (591 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wey Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterside Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Grange Close |
| Dec 2023 | Anti-social behaviour | On or near Grange Close |