£705,270
This estimated value is based upon the latest sale price for the house of £582,500 on 21 Nov 2019. 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 |
|---|---|
| £582,500 | 21 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 November 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.Applying this 21.076% change to the original purchase price of £582,500 results in an estimated price of approximately £705,270.
| 21 Nov 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.076 % | £582,500 | £122,770 | £705,270 |
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 | -48.254 % | £-281,081 | £301,418 |
| 3 Month Average | -19.838 % | £-115,558 | £466,941 |
| 6 Month Average | 9.083 % | £52,906 | £635,406 |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 25 Jan 2019.
The average size of a house on PORTSMOUTH ROAD is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Turnham Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Turnham Close |
| Jan 2024 | Other theft | Under investigation | On or near River Mount Gardens |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Valley |
| Feb 2024 | Public order | Awaiting court outcome | On or near The Valley |