£377,512
This estimated value is based upon the latest sale price for the house of £285,000 on 7 Oct 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 |
---|---|
£285,000 | 7 Oct 2016 |
£167,000 | 1 Jul 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 October 2016 the House Price Index for SURREY was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £285,000 results in an estimated price of approximately £377,512.
7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £285,000 | £92,512 | £377,512 |
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 | 88.844 % | £253,204 | £538,204 |
3 Month Average | 2.347 % | £6,688 | £291,688 |
6 Month Average | 8.510 % | £24,253 | £309,253 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £456,139 | £450,000 | 143 WORPLESDON ROAD |
20 Jul 2023 | £496,685 | £490,000 | 12 SOMERTONS CLOSE |
24 Mar 2023 | £413,899 | £410,000 | 13 LYNCHMERE PLACE |
25 Nov 2022 | £652,101 | £660,000 | 222 WORPLESDON ROAD |
12 Aug 2022 | £418,872 | £420,000 | 206 WORPLESDON ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 Jul 2016. Using an estimated price of £377,513 means this house is valued at £6,623 per sq meter (£615 per sq foot).
The average size of a house on SOMERTONS CLOSE is 69 sq meters (750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |