£394,531
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Sep 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 |
|---|---|
| £240,000 | 27 Sep 2013 |
| £190,000 | 15 Oct 2004 |
| £102,950 | 16 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 851 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 September 2013 the House Price Index for SURREY was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £240,000 results in an estimated price of approximately £394,531.
| 27 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £240,000 | £154,531 | £394,531 |
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 | 171.689 % | £412,054 | £652,054 |
| 3 Month Average | 32.798 % | £78,715 | £318,715 |
| 6 Month Average | 50.338 % | £120,811 | £360,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £536,864 | £530,000 | 76 BURDEN WAY |
| 7 Aug 2023 | £562,420 | £557,500 | 6 WHATELEY CLOSE |
| 6 Apr 2023 | £480,170 | £475,000 | 205 GRANGE ROAD |
| 25 Nov 2022 | £385,332 | £390,000 | 249 GRANGE ROAD |
| 21 Jul 2022 | £626,687 | £625,000 | 17 WHATELEY CLOSE |
This house has a floor area of 79 sq meters or 851 sq feet when measured on 11 Apr 2011. Using an estimated price of £394,532 means this house is valued at £4,986 per sq meter (£463 per sq foot).
The average size of a house on BURDEN WAY is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Regan Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Regan Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Regan Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regan Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hallowes Close |