£347,804
This estimated value is based upon the latest sale price for the house of £91,000 on 10 Mar 2000. 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 Thornton Close
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £91,000 | 10 Mar 2000 |
| £57,500 | 6 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 March 2000 the House Price Index for SURREY was 38.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 282.203%.Applying this 282.203% change to the original purchase price of £91,000 results in an estimated price of approximately £347,804.
| 10 Mar 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 146.7 | 282.203 % | £91,000 | £256,804 | £347,804 |
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 | 61.552 % | £56,011 | £147,011 |
| 3 Month Average | 129.364 % | £117,721 | £208,721 |
| 6 Month Average | 215.042 % | £195,687 | £286,687 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Feb 2018.
The average size of a house on THORNTON CLOSE is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Thornton Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Langley Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Somertons Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Worplesdon Road |