£218,510
This estimated value is based upon the latest sale price for the house of £220,000 on 22 Aug 2023. 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 |
|---|---|
| £220,000 | 22 Aug 2023 |
| £198,000 | 23 Nov 2021 |
| £167,950 | 3 Oct 2013 |
| £48,500 | 1 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 August 2023 the House Price Index for SURREY was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £220,000 results in an estimated price of approximately £218,510.
| 22 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £220,000 | £-1,489 | £218,510 |
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 | -50.023 % | £-110,049 | £109,950 |
| 3 Month Average | -34.987 % | £-76,971 | £143,028 |
| 6 Month Average | 0.307 % | £674 | £220,674 |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 14 May 2013.
The average size of a house on HEATHER CLOSE is 47 sq meters (509 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Heather Close |
| Mar 2024 | Public order | Under investigation | On or near Heather Close |
| Feb 2024 | Shoplifting | Under investigation | On or near Heather Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heather Close |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Heather Close |