£1,442,960
This estimated value is based upon the latest sale price for the house of £462,000 on 25 Jan 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 |
|---|---|
| £462,000 | 25 Jan 2002 |
| Detached |
| Freehold |
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 January 2002 the House Price Index for SURREY was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £462,000 results in an estimated price of approximately £1,442,960.
| 25 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £462,000 | £980,960 | £1,442,960 |
The Postcode Pricing Model uses changes in average sales price within the GU8 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 | 138.580 % | £640,240 | £1,102,240 |
| 3 Month Average | 127.635 % | £589,674 | £1,051,674 |
| 6 Month Average | 165.957 % | £766,722 | £1,228,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £984,221 | £967,000 | CROSSWAYS HEATH LANE |
| 18 Aug 2023 | £1,740,224 | £1,725,000 | WILD ACRE SOUTH MUNSTEAD LANE |
| 16 Jun 2023 | £759,196 | £750,000 | MARAMUNY SOUTH MUNSTEAD LANE |
| 21 Apr 2023 | £2,943,695 | £2,912,000 | MUNSTEAD WOOD HEATH LANE |
| 5 Jul 2022 | £1,955,263 | £1,950,000 | THE OLD COTTAGE HASCOMBE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Munstead Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Hydon Heath | |
| Jan 2024 | Anti-social behaviour | On or near Hydon Heath | |
| Jan 2024 | Anti-social behaviour | On or near Hydon Heath |