£1,555,740
This estimated value is based upon the latest sale price for the house of £1,450,000 on 30 Jun 2021. 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 |
|---|---|
| £1,450,000 | 30 Jun 2021 |
| £345,000 | 1 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 261 sq meters or 2,809 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 June 2021 the House Price Index for SURREY was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £1,450,000 results in an estimated price of approximately £1,555,740.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £1,450,000 | £105,740 | £1,555,740 |
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 | -6.018 % | £-87,263 | £1,362,736 |
| 3 Month Average | -1.450 % | £-21,031 | £1,428,968 |
| 6 Month Average | -19.967 % | £-289,520 | £1,160,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £446,510 | £440,500 | 3 SIME CLOSE |
| 11 Nov 2022 | £775,605 | £785,000 | 13 GRAVETTS LANE |
| 13 Oct 2022 | £645,055 | £652,000 | 3 MEADOWCROFT, 70 KEENS LANE |
| 29 Oct 2021 | £874,118 | £790,000 | 9 GRAVETTS LANE |
| 30 Jun 2021 | £1,555,740 | £1,450,000 | LIDDINGTON HALL FARM GRAVETTS LANE |
This house has a floor area of 261 sq meters or 2,809 sq feet when measured on 24 Jul 2020. Using an estimated price of £1,555,740 means this house is valued at £5,960 per sq meter (£553 per sq foot).
The average size of a house on GRAVETTS LANE is 151 sq meters (1,626 sq feet).
This house is the largest in the street with a floor area of 261 sq meters (2,809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Findlay Drive |
| Jan 2024 | Drugs | Local resolution | On or near Liddington New Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Rushmoor Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Rushmoor Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clayton Drive |