£550,720
This estimated value is based upon the latest sale price for the house of £520,000 on 10 Dec 2021. 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 |
---|---|
£520,000 | 10 Dec 2021 |
£385,000 | 5 Jun 2017 |
£247,500 | 20 Jan 2012 |
£150,000 | 27 Oct 2008 |
£98,000 | 26 May 1998 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 825 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 December 2021 the House Price Index for SURREY was 138.8.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 5.908%.Applying this 5.908% change to the original purchase price of £520,000 results in an estimated price of approximately £550,720.
10 Dec 2021 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.8 | 147.0 | 5.908 % | £520,000 | £30,720 | £550,720 |
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 | 36.863 % | £191,687 | £711,687 |
3 Month Average | 11.361 % | £59,078 | £579,078 |
6 Month Average | 11.141 % | £57,932 | £577,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £873,811 | £875,000 | 22 ALDERBANK DRIVE |
24 Feb 2023 | £829,839 | £840,000 | 26 ALDERBANK DRIVE |
20 Dec 2022 | £474,983 | £485,000 | 22 WEYVIEW GARDENS |
10 Aug 2022 | £474,893 | £482,000 | 21 WEYVIEW GARDENS |
26 Jul 2022 | £475,743 | £479,950 | 18 WEYVIEW GARDENS |
This house has a floor area of 76 sq meters or 825 sq feet when measured on 10 Oct 2011. Using an estimated price of £550,720 means this house is valued at £7,180 per sq meter (£667 per sq foot).
The average size of a house on LANGHAM CLOSE is 109 sq meters (1,179 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bircholt Grove |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Alderbank Drive |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Scizdons Climb |
Nov 2023 | Public order | Under investigation | On or near Weyview Gardens |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Close |