£420,656
This estimated value is based upon the latest sale price for the house of £320,000 on 22 Jul 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 |
|---|---|
| £320,000 | 22 Jul 2016 |
| £175,000 | 21 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 July 2016 the House Price Index for SURREY was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £320,000 results in an estimated price of approximately £420,656.
| 22 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £320,000 | £100,656 | £420,656 |
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 | -48.250 % | £-154,399 | £165,600 |
| 3 Month Average | -27.525 % | £-88,078 | £231,921 |
| 6 Month Average | 7.230 % | £23,136 | £343,136 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Jan 2020.
The average size of a house on VERNON WAY is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vernon Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vernon Way |
| Feb 2024 | Anti-social behaviour | On or near Vernon Way | |
| Feb 2024 | Anti-social behaviour | On or near Vernon Way | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Vernon Way |