£678,119
This estimated value is based upon the latest sale price for the house of £422,500 on 13 Dec 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 |
|---|---|
| £422,500 | 13 Dec 2013 |
| £417,500 | 23 Jul 2010 |
| £240,000 | 6 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 December 2013 the House Price Index for SURREY was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £422,500 results in an estimated price of approximately £678,119.
| 13 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £422,500 | £255,619 | £678,119 |
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 | 171.733 % | £725,571 | £1,148,071 |
| 3 Month Average | 38.341 % | £161,989 | £584,489 |
| 6 Month Average | 50.792 % | £214,596 | £637,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £507,514 | £500,000 | 3 WALTHAM AVENUE |
| 4 Feb 2022 | £471,913 | £450,000 | 10 THE GABLES |
| 12 Jan 2022 | £368,343 | £350,000 | 27A LIME GROVE |
| 1 Nov 2021 | £243,341 | £225,000 | FLAT 4 THE GRANGE, 66 GRANGE ROAD |
| 17 Sep 2021 | £528,020 | £490,000 | 41 WALTHAM AVENUE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 9 Aug 2021. Using an estimated price of £678,120 means this house is valued at £5,513 per sq meter (£512 per sq foot).
The average size of a house on WALTHAM AVENUE is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Blackberry Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Blackberry Close |
| Jan 2024 | Other crime | Under investigation | On or near Blackberry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Blackberry Close |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Blackberry Close |