£758,417
This estimated value is based upon the latest sale price for the house of £475,000 on 9 Mar 2007. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £475,000 | 9 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 107 sq meters or 1,151 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 2007 the House Price Index for SURREY was 91.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 59.667%.Applying this 59.667% change to the original purchase price of £475,000 results in an estimated price of approximately £758,417.
| 9 Mar 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 146.7 | 59.667 % | £475,000 | £283,417 | £758,417 |
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 | -22.511 % | £-106,927 | £368,072 |
| 3 Month Average | 24.899 % | £118,268 | £593,268 |
| 6 Month Average | 72.375 % | £343,780 | £818,780 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 20 Nov 2018.
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 | |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Lawn Road |