£1,035,191
This estimated value is based upon the latest sale price for the house of £182,500 on 17 Jan 1996. 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 |
|---|---|
| £182,500 | 17 Jan 1996 |
| 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 January 1996 the House Price Index for SURREY was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 467.228%.Applying this 467.228% change to the original purchase price of £182,500 results in an estimated price of approximately £1,035,191.
| 17 Jan 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 467.228 % | £182,500 | £852,691 | £1,035,191 |
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 | 434.796 % | £793,502 | £976,002 |
| 3 Month Average | 416.698 % | £760,474 | £942,974 |
| 6 Month Average | 479.710 % | £875,471 | £1,057,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £622,965 | £615,000 | GRETA BANK TUESLEY LANE |
| 12 Sep 2023 | £1,012,952 | £1,000,000 | 5 DUNCOMBE ROAD |
| 28 Apr 2023 | £252,721 | £250,000 | FLAT 5 FARLEIGH RAMSDEN ROAD |
| 10 Nov 2022 | £1,170,818 | £1,185,000 | BEARSDEN TUESLEY LANE |
| 23 Aug 2021 | £688,893 | £617,500 | 22 SHACKSTEAD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakdene Road |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Park Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heathfield Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Busbridge Lane |
| Feb 2024 | Anti-social behaviour | On or near Grayling Close |