£426,509
This estimated value is based upon the latest sale price for the house of £231,000 on 20 Feb 2009. 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 |
---|---|
£231,000 | 20 Feb 2009 |
£83,500 | 1 Sep 1997 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 866 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 February 2009 the House Price Index for SURREY was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.636%.Applying this 84.636% change to the original purchase price of £231,000 results in an estimated price of approximately £426,509.
20 Feb 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.6 | 84.636 % | £231,000 | £195,509 | £426,509 |
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 | 266.032 % | £614,534 | £845,534 |
3 Month Average | 82.480 % | £190,529 | £421,529 |
6 Month Average | 88.583 % | £204,625 | £435,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £438,492 | £432,000 | 101 NEW CROSS ROAD |
14 Sep 2023 | £587,512 | £580,000 | 59 WORPLESDON ROAD |
1 Sep 2023 | £415,310 | £410,000 | 56 WORPLESDON ROAD |
24 Aug 2023 | £418,663 | £415,000 | 110 WORPLESDON ROAD |
24 Aug 2023 | £625,472 | £620,000 | 17 PERCY ROAD |
This house has a floor area of 80 sq meters or 866 sq feet when measured on 29 Oct 2008. Using an estimated price of £426,509 means this house is valued at £5,295 per sq meter (£491 per sq foot).
The average size of a house on WORPLESDON ROAD is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | Under investigation | On or near Baden Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Baden Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baden Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baden Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Percy Road |