£323,032
This estimated value is based upon the latest sale price for the house of £64,950 on 22 Aug 1997. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Petrol Station
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £64,950 | 22 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 August 1997 the House Price Index for SURREY was 29.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 397.356%.Applying this 397.356% change to the original purchase price of £64,950 results in an estimated price of approximately £323,032.
| 22 Aug 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 146.7 | 397.356 % | £64,950 | £258,082 | £323,032 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 353.289 % | £229,461 | £294,411 |
| 3 Month Average | 422.970 % | £274,718 | £339,668 |
| 6 Month Average | 373.217 % | £242,404 | £307,354 |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 24 Jan 2019.
The average size of a house on JOSEPHS ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Burglary | Under investigation | On or near Petrol Station |