£500,503
This estimated value is based upon the latest sale price for the house of £400,000 on 1 Sep 2017. This value is then adjusted by the current Official House Price Index for SURREY 1
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8 Ridgewood Drive, Frimley, GU16 9QF
Phone: 01276945692
| Price Paid | Date |
|---|---|
| £400,000 | 1 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 September 2017 the House Price Index for SURREY was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £400,000 results in an estimated price of approximately £500,503.
| 1 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £400,000 | £100,503 | £500,503 |
The Postcode Pricing Model uses changes in average sales price within the GU15 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 | -6.025 % | £-24,098 | £375,901 |
| 3 Month Average | -17.275 % | £-69,099 | £330,900 |
| 6 Month Average | 6.264 % | £25,056 | £425,056 |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 14 Feb 2019.
The average size of a house on UPPER CHOBHAM ROAD is 197 sq meters (2,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Amber Hill |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Falmouth Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Carlton Close |
| Jan 2024 | Burglary | Under investigation | On or near Wendover Drive |