£1,449,333
This estimated value is based upon the latest sale price for the house of £1,100,000 on 24 Nov 2016. 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 |
|---|---|
| £1,100,000 | 24 Nov 2016 |
| £675,000 | 24 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 195 sq meters or 2,098 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 November 2016 the House Price Index for SURREY was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,449,333.
| 24 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £1,100,000 | £349,333 | £1,449,333 |
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 | 85.416 % | £939,579 | £2,039,579 |
| 3 Month Average | -1.206 % | £-13,269 | £1,086,730 |
| 6 Month Average | 9.070 % | £99,766 | £1,199,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £628,030 | £620,000 | 24 ARTINGTON WALK |
| 14 Jul 2023 | £501,753 | £495,000 | 10 THE MEADOWS |
| 24 May 2022 | £703,251 | £690,000 | 7 RIVERMOUNT GARDENS |
| 29 Apr 2022 | £298,642 | £290,000 | 1 RIVERMOUNT GARDENS |
| 26 Nov 2021 | £432,606 | £400,000 | 15 THE MEADOWS |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 19 Apr 2016. Using an estimated price of £1,449,333 means this house is valued at £7,432 per sq meter (£690 per sq foot).
The average size of a house on HITHERBURY CLOSE is 166 sq meters (1,789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near River Mount Gardens |
| Jan 2024 | Anti-social behaviour | On or near Lawn Road | |
| Jan 2024 | Anti-social behaviour | On or near Lawn Road | |
| Jan 2024 | Anti-social behaviour | On or near Lawn Road | |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Rookwood Court |