£300,493
This estimated value is based upon the latest sale price for the house of £164,500 on 30 Sep 2005. 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 |
|---|---|
| £164,500 | 30 Sep 2005 |
| £78,000 | 1 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 2005 the House Price Index for SURREY was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £164,500 results in an estimated price of approximately £300,493.
| 30 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £164,500 | £135,993 | £300,493 |
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 | 231.208 % | £380,336 | £544,836 |
| 3 Month Average | 67.839 % | £111,594 | £276,094 |
| 6 Month Average | 84.045 % | £138,253 | £302,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £837,398 | £825,000 | 24 BRAY ROAD |
| 25 Aug 2023 | £504,412 | £499,999 | 22 LYNWOOD |
| 1 Aug 2023 | £649,684 | £644,000 | 55 BRAY ROAD |
| 9 Jun 2023 | £285,964 | £282,500 | 40A MADRID ROAD |
| 27 Feb 2023 | £294,802 | £295,000 | 7 MADRID ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 17 Nov 2021. Using an estimated price of £300,494 means this house is valued at £7,907 per sq meter (£734 per sq foot).
The average size of a house on MADRID ROAD is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Madrid Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |