£434,485
This estimated value is based upon the latest sale price for the house of £350,000 on 23 Nov 2018. 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 |
|---|---|
| £350,000 | 23 Nov 2018 |
| £209,950 | 17 Jan 2003 |
| Semi-Detached |
| Freehold |
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 November 2018 the House Price Index for SURREY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £350,000 results in an estimated price of approximately £434,485.
| 23 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £350,000 | £84,485 | £434,485 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 145.598 % | £509,594 | £859,594 |
| 3 Month Average | 7.383 % | £25,840 | £375,840 |
| 6 Month Average | 17.707 % | £61,974 | £411,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £524,555 | £520,000 | 6 QUAKERS WAY |
| 25 Oct 2023 | £404,180 | £395,000 | 9 GUMBRELLS CLOSE |
| 31 Aug 2023 | £590,653 | £580,000 | 28 BROOKE FOREST |
| 13 Jan 2023 | £485,297 | £484,000 | 16 QUAKERS WAY |
| 26 Aug 2022 | £452,114 | £450,000 | 34 BROCKS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Quakers Way | |
| Apr 2024 | Anti-social behaviour | On or near Quakers Way | |
| Apr 2024 | Anti-social behaviour | On or near Quakers Way | |
| Apr 2024 | Anti-social behaviour | On or near Quakers Way | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Envis Way |