£535,709
This estimated value is based upon the latest sale price for the house of £442,500 on 1 Oct 2019. 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 |
|---|---|
| £442,500 | 1 Oct 2019 |
| £153,500 | 6 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £442,500 results in an estimated price of approximately £535,709.
| 1 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £442,500 | £93,209 | £535,709 |
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 | -40.821 % | £-180,634 | £261,865 |
| 3 Month Average | -14.382 % | £-63,641 | £378,858 |
| 6 Month Average | 13.060 % | £57,789 | £500,289 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 4 Oct 2018.
The average size of a house on CUMBERLAND AVENUE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hamilton Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knox Road |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Knox Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mansel Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coriander Crescent |