£703,509
This estimated value is based upon the latest sale price for the house of £429,000 on 17 Jul 2013. 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 |
|---|---|
| £429,000 | 17 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,151 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 July 2013 the House Price Index for SURREY was 89.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.988%.Applying this 63.988% change to the original purchase price of £429,000 results in an estimated price of approximately £703,509.
| 17 Jul 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 146.7 | 63.988 % | £429,000 | £274,509 | £703,509 |
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 | 20.905 % | £89,683 | £518,683 |
| 3 Month Average | 23.039 % | £98,835 | £527,835 |
| 6 Month Average | 48.196 % | £206,760 | £635,760 |
This house has a floor area of 106 sq meters or 1,151 sq feet when measured on 24 Feb 2012.
The average size of a house on BINSCOMBE LANE is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near More Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Road |
| Feb 2024 | Burglary | Under investigation | On or near Cleveland Place |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Binscombe Lane |
| Jan 2024 | Anti-social behaviour | On or near Elizabeth Court |