£319,920
This estimated value is based upon the latest sale price for the house of £276,250 on 16 Oct 2020. 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 |
|---|---|
| £276,250 | 16 Oct 2020 |
| £236,000 | 27 Oct 2015 |
| £60,000 | 7 Mar 1997 |
| Terraced |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2020 the House Price Index for SURREY was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £276,250 results in an estimated price of approximately £319,920.
| 16 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 146.7 | 15.808 % | £276,250 | £43,670 | £319,920 |
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 | -49.352 % | £-136,334 | £139,915 |
| 3 Month Average | -31.269 % | £-86,380 | £189,869 |
| 6 Month Average | -0.818 % | £-2,259 | £273,990 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 7 Jul 2015.
The average size of a house on JOHN RUSSELL CLOSE is 60 sq meters (653 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Peak Road | |
| Feb 2024 | Anti-social behaviour | On or near Peak Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Somertons Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |