£4,082,902
This estimated value is based upon the latest sale price for the house of £3,150,000 on 24 Mar 2017. 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 |
|---|---|
| £3,150,000 | 24 Mar 2017 |
| 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 March 2017 the House Price Index for SURREY was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £3,150,000 results in an estimated price of approximately £4,082,902.
| 24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £3,150,000 | £932,902 | £4,082,902 |
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 | 27.940 % | £880,120 | £4,030,120 |
| 3 Month Average | 25.387 % | £799,693 | £3,949,693 |
| 6 Month Average | 18.531 % | £583,731 | £3,733,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £510,000 | £510,000 | 30 FAIRLANDS AVENUE |
| 31 Aug 2023 | £585,119 | £580,000 | 28 BROOKE FOREST |
| 24 Mar 2023 | £484,565 | £480,000 | 69 FAIRLANDS AVENUE |
| 13 Jan 2023 | £481,731 | £484,000 | 16 QUAKERS WAY |
| 18 Aug 2022 | £548,524 | £550,000 | 8 ST MICHAELS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Quakers Way | |
| Mar 2024 | Anti-social behaviour | On or near Quakers Way | |
| Mar 2024 | Anti-social behaviour | On or near Quakers Way | |
| Mar 2024 | Other crime | Under investigation | On or near St Michael'S Avenue |
| Mar 2024 | Other crime | Under investigation | On or near St Michael'S Avenue |