£278,635
This estimated value is based upon the latest sale price for the house of £152,000 on 4 Aug 2005. 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 |
|---|---|
| £152,000 | 4 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
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 August 2005 the House Price Index for SURREY was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £152,000 results in an estimated price of approximately £278,635.
| 4 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £152,000 | £126,635 | £278,635 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | 74.682 % | £113,517 | £265,517 |
| 3 Month Average | 71.349 % | £108,450 | £260,450 |
| 6 Month Average | 99.042 % | £150,544 | £302,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £1,012,952 | £1,000,000 | 5 DUNCOMBE ROAD |
| 28 Apr 2023 | £252,721 | £250,000 | FLAT 5 FARLEIGH RAMSDEN ROAD |
| 19 Aug 2022 | £148,101 | £148,500 | FLAT 2 BEECHCROFT, 46 BUSBRIDGE LANE |
| 7 Dec 2021 | £259,273 | £242,000 | FLAT 8-9 BEECHCROFT, 46 BUSBRIDGE LANE |
| 19 Nov 2021 | £335,269 | £310,000 | 16 WESTDENE SUMMERHOUSE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakdene Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Busbridge Lane |