£422,324
This estimated value is based upon the latest sale price for the house of £335,000 on 28 Nov 2017. 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 |
|---|---|
| £335,000 | 28 Nov 2017 |
| £213,000 | 29 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 November 2017 the House Price Index for SURREY was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £335,000 results in an estimated price of approximately £422,324.
| 28 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £335,000 | £87,324 | £422,324 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | 33.079 % | £110,814 | £445,814 |
| 3 Month Average | 13.323 % | £44,633 | £379,633 |
| 6 Month Average | 26.049 % | £87,265 | £422,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £291,025 | £287,500 | 7 LITTLE THATCH |
| 31 Mar 2023 | £984,273 | £975,000 | 17 LLANAWAY ROAD |
| 2 Mar 2023 | £378,567 | £375,000 | 15 LITTLE THATCH |
| 15 Feb 2023 | £289,805 | £290,000 | FLAT 4 LLANAWAY HOUSE, 51 MEADROW |
| 25 Jul 2022 | £752,024 | £750,000 | 15 LLANAWAY ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 21 Aug 2017. Using an estimated price of £422,324 means this house is valued at £8,618 per sq meter (£800 per sq foot).
The average size of a house on LITTLE THATCH is 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Little Thatch | |
| Jan 2024 | Anti-social behaviour | On or near Little Thatch | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Little Thatch |
| Jan 2024 | Anti-social behaviour | On or near Little Thatch | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hallam Road |