£613,807
This estimated value is based upon the latest sale price for the house of £600,000 on 17 Mar 2022. 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 |
|---|---|
| £600,000 | 17 Mar 2022 |
| £600,000 | 17 Mar 2022 |
| £84,950 | 21 Feb 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 March 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £600,000 results in an estimated price of approximately £613,807.
| 17 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £600,000 | £13,807 | £613,807 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -1.688 % | £-10,129 | £589,870 |
| 3 Month Average | -1.030 % | £-6,178 | £593,821 |
| 6 Month Average | -23.414 % | £-140,486 | £459,513 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 7 Jun 2013.
The average size of a house on WARWICKS BENCH is 241 sq meters (2,599 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Warwicks Bench |
| Mar 2024 | Burglary | Under investigation | On or near Fort Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chantry Quarry |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chantry Quarry |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pewley Point |