£1,262,000
This estimated value is based upon the latest sale price for the house of £1,000,000 on 20 Oct 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 |
|---|---|
| £1,000,000 | 20 Oct 2017 |
| £500,000 | 29 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 218 sq meters or 2,346 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 October 2017 the House Price Index for SURREY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,262,000.
| 20 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £1,000,000 | £262,000 | £1,262,000 |
The Postcode Pricing Model uses changes in average sales price within the GU7 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 | 59.829 % | £598,289 | £1,598,289 |
| 3 Month Average | 16.237 % | £162,368 | £1,162,368 |
| 6 Month Average | 27.990 % | £279,899 | £1,279,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2022 | £648,255 | £650,000 | 43 BIRCH ROAD |
| 15 Mar 2022 | £616,835 | £595,250 | 36 GREENSAND PLACE |
| 17 Jul 2020 | £513,911 | £425,000 | 63 BIRCH ROAD |
| 20 Jun 2019 | £728,937 | £590,000 | 33 GREENSAND PLACE |
| 27 Feb 2019 | £580,576 | £470,000 | 24 OAKDENE ROAD |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 10 May 2016. Using an estimated price of £1,262,001 means this house is valued at £5,788 per sq meter (£537 per sq foot).
The average size of a house on OLD PORTSMOUTH ROAD is 198 sq meters (2,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Tilthams Green | |
| Jan 2024 | Anti-social behaviour | On or near Tilthams Green | |
| Jan 2024 | Anti-social behaviour | On or near Tilthams Green | |
| Dec 2023 | Drugs | Under investigation | On or near Tilthams Green |
| Dec 2023 | Public order | Further investigation is not in the public interest | On or near Mill Lane |