£731,126
This estimated value is based upon the latest sale price for the house of £510,000 on 19 Jun 2015. 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 |
---|---|
£510,000 | 19 Jun 2015 |
£290,000 | 23 Jul 2003 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,241 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 2015 the House Price Index for SURREY was 102.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 43.358%.Applying this 43.358% change to the original purchase price of £510,000 results in an estimated price of approximately £731,126.
19 Jun 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 146.7 | 43.358 % | £510,000 | £221,126 | £731,126 |
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 | -44.535 % | £-227,130 | £282,869 |
3 Month Average | -13.697 % | £-69,856 | £440,143 |
6 Month Average | 21.759 % | £110,972 | £620,972 |
This house has a floor area of 115 sq meters or 1,241 sq feet when measured on 13 May 2010.
The average size of a house on PICKERING PLACE is 133 sq meters (1,434 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Pickering Place |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Pickering Place |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Pickering Place |
Dec 2023 | Anti-social behaviour | On or near Pickering Place | |
Dec 2023 | Anti-social behaviour | On or near Pickering Place |