£1,692,974
This estimated value is based upon the latest sale price for the house of £1,650,000 on 15 Nov 2023. 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 |
|---|---|
| £1,650,000 | 15 Nov 2023 |
| £725,000 | 24 Nov 2003 |
| 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 2023 the House Price Index for SURREY was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £1,650,000 results in an estimated price of approximately £1,692,974.
| 15 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £1,650,000 | £42,974 | £1,692,974 |
The Postcode Pricing Model uses changes in average sales price within the GU2 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 | 9.488 % | £156,557 | £1,806,557 |
| 3 Month Average | -9.812 % | £-161,895 | £1,488,104 |
| 6 Month Average | -6.106 % | £-100,749 | £1,549,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £958,322 | £950,000 | 7 CATHERINES PLACE |
| 8 Mar 2024 | £350,383 | £345,000 | 15 THE PICCARDS |
| 15 Nov 2023 | £1,692,975 | £1,650,000 | WEYCLIFFE HOUSE PORTSMOUTH ROAD |
| 15 Aug 2023 | £389,016 | £382,000 | 121 PORTSMOUTH ROAD |
| 26 Aug 2022 | £798,735 | £795,000 | FLAT 3 CATHERINES PLACE CHESTNUT AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Turnham Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Turnham Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turnham Close |
| Apr 2024 | Anti-social behaviour | On or near Turnham Close | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Turnham Close |