£355,017
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Jun 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 |
|---|---|
| £350,000 | 14 Jun 2022 |
| £365,000 | 21 Jun 2016 |
| 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 June 2022 the House Price Index for SURREY was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £350,000 results in an estimated price of approximately £355,017.
| 14 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £350,000 | £5,017 | £355,017 |
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 | 26.840 % | £93,939 | £443,939 |
| 3 Month Average | -7.088 % | £-24,808 | £325,191 |
| 6 Month Average | -2.201 % | £-7,702 | £342,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £497,199 | £488,500 | 6 MILLMEAD TERRACE |
| 9 Feb 2023 | £834,438 | £835,000 | MEAD COTTAGE BURY FIELDS |
| 24 Jun 2022 | £1,217,201 | £1,200,000 | 1 CEDAR COURT, 36 MILLMEAD TERRACE |
| 15 Jun 2022 | £692,791 | £683,000 | 8 MILLMEAD TERRACE |
| 14 Jun 2022 | £355,017 | £350,000 | FLAT 3 BURY FIELDS HOUSE BURY FIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Porridge Pot Alley |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porridge Pot Alley |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Porridge Pot Alley |
| Feb 2024 | Public order | Under investigation | On or near Porridge Pot Alley |
| Jan 2024 | Anti-social behaviour | On or near Porridge Pot Alley |