£662,183
This estimated value is based upon the latest sale price for the house of £530,885 on 30 May 2018. 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 |
---|---|
£530,885 | 30 May 2018 |
£400,853 | 28 Feb 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 May 2018 the House Price Index for SURREY was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £530,885 results in an estimated price of approximately £662,183.
30 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £530,885 | £131,298 | £662,183 |
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 | -12.101 % | £-64,243 | £466,641 |
3 Month Average | 20.181 % | £107,136 | £638,021 |
6 Month Average | 17.563 % | £93,240 | £624,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £490,000 | £490,000 | FLAT 30 CAESARS PLACE OCKFORD ROAD |
1 Sep 2023 | £486,217 | £480,000 | 5 THE MINT |
14 Jul 2023 | £571,497 | £563,805 | FLAT 25 CAESARS PLACE OCKFORD ROAD |
29 Jun 2023 | £693,399 | £685,000 | 30 OCKFORD ROAD |
3 Feb 2023 | £269,818 | £270,000 | 24 LADYMERE PLACE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 Oct 2017. Using an estimated price of £662,183 means this house is valued at £7,044 per sq meter (£654 per sq foot).
The average size of a house on OCKFORD ROAD is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Harvest Hill | |
Mar 2024 | Public order | Under investigation | On or near Parking Area |
Dec 2023 | Anti-social behaviour | On or near Parking Area | |
Dec 2023 | Anti-social behaviour | On or near Parking Area | |
Dec 2023 | Anti-social behaviour | On or near Parking Area |