£419,189
This estimated value is based upon the latest sale price for the house of £280,000 on 8 Oct 2014. 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 |
|---|---|
| £280,000 | 8 Oct 2014 |
| £240,000 | 12 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 October 2014 the House Price Index for SURREY was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £280,000 results in an estimated price of approximately £419,189.
| 8 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £280,000 | £139,189 | £419,189 |
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 | 15.396 % | £43,108 | £323,108 |
| 3 Month Average | 17.159 % | £48,044 | £328,044 |
| 6 Month Average | 30.590 % | £85,650 | £365,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £488,243 | £482,000 | 12 POUND LANE |
| 27 Apr 2023 | £692,456 | £685,000 | 17 GREAT GEORGE STREET |
| 20 Jan 2023 | £360,800 | £362,500 | 76A HIGH STREET |
| 20 May 2022 | £2,684,584 | £2,634,000 | 69 HIGH STREET |
| 3 Mar 2022 | £264,247 | £255,000 | FLAT 2 CHARLES HOUSE GREAT GEORGE STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 27 Nov 2019. Using an estimated price of £419,190 means this house is valued at £3,582 per sq meter (£332 per sq foot).
The average size of a house on HIGH STREET is 58 sq meters (626 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near High Street |