£423,154
This estimated value is based upon the latest sale price for the house of £149,950 on 14 Jun 2002. 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 |
|---|---|
| £149,950 | 14 Jun 2002 |
| £94,000 | 5 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 June 2002 the House Price Index for SURREY was 52.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 182.197%.Applying this 182.197% change to the original purchase price of £149,950 results in an estimated price of approximately £423,154.
| 14 Jun 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 146.7 | 182.197 % | £149,950 | £273,204 | £423,154 |
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 | 27.725 % | £41,573 | £191,523 |
| 3 Month Average | 85.477 % | £128,172 | £278,122 |
| 6 Month Average | 159.003 % | £238,425 | £388,375 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 19 Sep 2019.
The average size of a house on CUMBERLAND AVENUE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hamilton Drive |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hamilton Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hamilton Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lyons Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lyons Drive |