£516,718
This estimated value is based upon the latest sale price for the house of £387,500 on 7 Mar 2016. 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 |
|---|---|
| £387,500 | 7 Mar 2016 |
| £220,000 | 20 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,030 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 2016 the House Price Index for SURREY was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £387,500 results in an estimated price of approximately £516,718.
| 7 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £387,500 | £129,218 | £516,718 |
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 | -46.657 % | £-180,796 | £206,703 |
| 3 Month Average | -16.171 % | £-62,662 | £324,837 |
| 6 Month Average | 17.999 % | £69,747 | £457,247 |
This house has a floor area of 95 sq meters or 1,030 sq feet when measured on 4 Mar 2011.
The average size of a house on GRANTLEY ROAD is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Beckingham Road | |
| Feb 2024 | Anti-social behaviour | On or near Beckingham Road | |
| Feb 2024 | Anti-social behaviour | On or near Bridgehill Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hannah Gardens |
| Feb 2024 | Anti-social behaviour | On or near Bridgehill Close |