Flat 1, 24 Madrid Road, Guildford, GU2 7NU is a leasehold flat built between 1991-1995. The property offers approximately 527 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £204,190 , which equates to approximately £387 per square foot. It was last sold on 26 Nov 2020 for £192,000. Since then, the value has increased by £12,190, representing a 6.3% increase, or approximately 1.3% per year.

The current estimated value of £204,190 is:

  • 45.9% lower than the average property price on Madrid Road
  • 46.5% lower than the average in the GU2 7NU postcode area
  • and 66.4% lower than the average price for Guildford as a whole

View sold house prices in GU2 7NU

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£204,190
Price Per sq ft (estimate)
£387
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 24 Madrid Road, Guildford, Surrey, GU2 7NU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Sep 2017.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Dec 2013. The rating of D is unchanged, though the energy efficiency score decreased by 6.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from roof room(s), insulated to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to GU2 7NU

33 rd / 37
Price Rank
47% lower than average
22 nd / 30
Size Rank
32% smaller than average
27 th / 30
Price Per Sq FT Rank
22% lower than average

Compared to other properties in GU2 7NU , this flat's estimated value ranks 33th out of 37. Based on price per square foot, it ranks 27th out of 30 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 22th out of 30 properties in its postcode area.

Sale History

Today
£204,190
streetscan.co.uk estimate
+6 %
26 Nov 2020
£192,000
Leasehold
+237.1 %
3 Nov 1997
£56,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £200,000
sale date: 24 Nov 2023
rooms: 2
size: 474 sq ft
sale price: £195,500
sale date: 3 Nov 2023
rooms: 2
size: 452 sq ft
sale price: £207,000
sale date: 28 Apr 2023
rooms: 2
size: 506 sq ft
sale price: £252,500
sale date: 11 Mar 2022
rooms: 3
size: 527 sq ft
sale price: £277,000
sale date: 14 Dec 2020

Data Sources

The property at Flat 1, 24 Madrid Road, Guildford, GU2 7NU appears two times in the Land Registry records, with the latest transaction recorded on 26 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Sep 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.