£511,506
This estimated value is based upon the latest sale price for the house of £500,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near George Road
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £500,000 | 25 Mar 2022 |
| £192,500 | 13 Dec 2001 |
| £107,500 | 15 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 931 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 March 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £500,000 results in an estimated price of approximately £511,506.
| 25 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £500,000 | £11,506 | £511,506 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -1.688 % | £-8,440 | £491,559 |
| 3 Month Average | -1.030 % | £-5,149 | £494,850 |
| 6 Month Average | -23.414 % | £-117,072 | £382,927 |
This house has a floor area of 86 sq meters or 931 sq feet when measured on 22 Nov 2008.
The average size of a house on GEORGE ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near George Road | |
| Jan 2024 | Burglary | Awaiting court outcome | On or near George Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Road |
| Mar 2024 | Other theft | Under investigation | On or near Drummond Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Drummond Road |