£684,988
This estimated value is based upon the latest sale price for the house of £457,500 on 18 Nov 2014. 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 |
---|---|
£457,500 | 18 Nov 2014 |
£396,000 | 19 May 2010 |
£415,000 | 31 Aug 2007 |
£280,000 | 24 May 2002 |
Semi-Detached |
Freehold |
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 2014 the House Price Index for SURREY was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £457,500 results in an estimated price of approximately £684,988.
18 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £457,500 | £227,488 | £684,988 |
The Postcode Pricing Model uses changes in average sales price within the GU3 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 | 67.600 % | £309,270 | £766,770 |
3 Month Average | 83.965 % | £384,141 | £841,641 |
6 Month Average | 48.010 % | £219,645 | £677,145 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £511,889 | £505,000 | 12 FOWLERS CROFT |
9 Jun 2023 | £571,928 | £565,000 | PRIMROSE COTTAGE THE STREET |
5 Nov 2022 | £1,002,852 | £1,015,000 | ROSS COTTAGE THE STREET |
21 Oct 2022 | £791,478 | £800,000 | THE HARROW THE STREET |
1 Mar 2022 | £1,127,453 | £1,088,000 | NORTHDOWN DOWN LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Street |
Feb 2024 | Anti-social behaviour | On or near Down Lane | |
Feb 2024 | Anti-social behaviour | On or near Down Lane |