£686,856
This estimated value is based upon the latest sale price for the house of £400,000 on 28 Feb 2011. 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 |
|---|---|
| £400,000 | 28 Feb 2011 |
| 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 February 2011 the House Price Index for SURREY was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £400,000 results in an estimated price of approximately £686,856.
| 28 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £400,000 | £286,856 | £686,856 |
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 | -21.185 % | £-84,741 | £315,258 |
| 3 Month Average | 17.914 % | £71,655 | £471,655 |
| 6 Month Average | 52.979 % | £211,916 | £611,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £624,242 | £615,000 | 12 WEST MEADS |
| 1 Nov 2023 | £994,727 | £980,000 | 13 WILDERNESS ROAD |
| 29 Aug 2023 | £867,590 | £860,000 | 18 WEST MEADS |
| 22 Aug 2023 | £968,473 | £960,000 | 48 QUEEN ELEANORS ROAD |
| 16 Aug 2023 | £1,215,635 | £1,205,000 | 21 ELLIS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Downing Avenue |
| Mar 2024 | Anti-social behaviour | On or near West Meads | |
| Jan 2024 | Anti-social behaviour | On or near West Meads | |
| Jan 2024 | Anti-social behaviour | On or near West Meads | |
| Jan 2024 | Anti-social behaviour | On or near West Meads |