£1,313,817
This estimated value is based upon the latest sale price for the house of £780,000 on 12 Apr 2012. 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 |
---|---|
£780,000 | 12 Apr 2012 |
Detached |
Freehold |
Floor Area: 179 sq meters or 1,933 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 April 2012 the House Price Index for SURREY was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.438%.Applying this 68.438% change to the original purchase price of £780,000 results in an estimated price of approximately £1,313,817.
12 Apr 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 146.7 | 68.438 % | £780,000 | £533,817 | £1,313,817 |
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 | 25.231 % | £196,803 | £976,803 |
3 Month Average | 47.695 % | £372,024 | £1,152,024 |
6 Month Average | 59.920 % | £467,379 | £1,247,379 |
This house has a floor area of 179 sq meters or 1,933 sq feet when measured on 15 Nov 2010.
There is one other house on the street which we know the size of, this is 7 MCALMONT RIDGE it is 177.0
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Public order | Unable to prosecute suspect | On or near Woodmancourt |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Twycross Road |
Mar 2024 | Public order | Action to be taken by another organisation | On or near Binscombe |
Feb 2024 | Possession of weapons | Further action is not in the public interest | On or near Binscombe |
Feb 2024 | Drugs | Further action is not in the public interest | On or near Binscombe |