£2,592,006
This estimated value is based upon the latest sale price for the house of £1,500,000 on 15 Jul 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 |
|---|---|
| £1,500,000 | 15 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 222 sq meters or 2,395 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 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £1,500,000 results in an estimated price of approximately £2,592,006.
| 15 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £1,500,000 | £1,092,006 | £2,592,006 |
The Postcode Pricing Model uses changes in average sales price within the GU4 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 | -28.655 % | £-429,825 | £1,070,174 |
| 3 Month Average | 52.965 % | £794,480 | £2,294,480 |
| 6 Month Average | 41.004 % | £615,055 | £2,115,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £736,443 | £730,000 | 19 SHALFORD ROAD |
| 14 Apr 2023 | £835,658 | £826,660 | 13 THE GLEBE SHALFORD ROAD |
| 13 Apr 2023 | £1,162,517 | £1,150,000 | 42 TILEHOUSE ROAD |
| 18 Nov 2022 | £375,452 | £380,000 | 22A SHALFORD ROAD |
| 21 Jul 2022 | £1,559,197 | £1,555,000 | CYDER COTTAGE, 9 PILGRIMS WAY |
This house has a floor area of 222 sq meters or 2,395 sq feet when measured on 11 Mar 2011. Using an estimated price of £2,592,007 means this house is valued at £11,646 per sq meter (£1,082 per sq foot).
The average size of a house on PILGRIMS WAY is 288 sq meters (3,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Shalford Road | |
| Jan 2024 | Anti-social behaviour | On or near Shalford Road | |
| Jan 2024 | Anti-social behaviour | On or near Shalford Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chantry View Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chantry Quarry |