£508,117
This estimated value is based upon the latest sale price for the house of £505,000 on 6 May 2022. 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 |
|---|---|
| £505,000 | 6 May 2022 |
| £430,000 | 6 Jul 2018 |
| £159,000 | 8 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 May 2022 the House Price Index for SURREY was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £505,000 results in an estimated price of approximately £508,117.
| 6 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £505,000 | £3,117 | £508,117 |
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 | -30.099 % | £-151,998 | £353,001 |
| 3 Month Average | -33.714 % | £-170,257 | £334,742 |
| 6 Month Average | -4.613 % | £-23,295 | £481,704 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 29 Jun 2020.
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 |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hollow Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |