£932,703
This estimated value is based upon the latest sale price for the house of £270,000 on 15 Mar 2001. 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 |
|---|---|
| £270,000 | 15 Mar 2001 |
| £136,000 | 29 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2001 the House Price Index for SURREY was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £270,000 results in an estimated price of approximately £932,703.
| 15 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £270,000 | £662,703 | £932,703 |
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 | 32.611 % | £88,049 | £358,049 |
| 3 Month Average | 94.418 % | £254,928 | £524,928 |
| 6 Month Average | 178.932 % | £483,117 | £753,117 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Jan 2019.
The average size of a house on FAIRBORNE WAY is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kirkefields |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Kirkefields |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairborne Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whitfield Close |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Whitfield Close |