£610,462
This estimated value is based upon the latest sale price for the house of £363,500 on 29 Oct 2010. 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 |
|---|---|
| £363,500 | 29 Oct 2010 |
| £250,000 | 12 Apr 2001 |
| £113,000 | 11 Apr 1997 |
| Semi-Detached |
| 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 October 2010 the House Price Index for SURREY was 87.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.940%.Applying this 67.940% change to the original purchase price of £363,500 results in an estimated price of approximately £610,462.
| 29 Oct 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 146.7 | 67.940 % | £363,500 | £246,962 | £610,462 |
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 | -24.715 % | £-89,839 | £273,660 |
| 3 Month Average | 8.393 % | £30,507 | £394,007 |
| 6 Month Average | 50.319 % | £182,907 | £546,407 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Mar 2018.
The average size of a house on MILLMEAD TERRACE is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Mount Pleasant |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Mount Pleasant |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mount Pleasant |
| Dec 2023 | Drugs | Under investigation | On or near Mount Pleasant |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mount Pleasant |