£867,534
This estimated value is based upon the latest sale price for the house of £695,000 on 24 Apr 2018. 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 |
|---|---|
| £695,000 | 24 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 April 2018 the House Price Index for SURREY was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £695,000 results in an estimated price of approximately £867,534.
| 24 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £695,000 | £172,534 | £867,534 |
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 | 6.240 % | £43,368 | £738,368 |
| 3 Month Average | 1.296 % | £9,007 | £704,007 |
| 6 Month Average | 10.257 % | £71,289 | £766,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £1,078,877 | £1,060,000 | 4 CHESTERS ROAD |
| 18 Sep 2023 | £395,051 | £390,000 | FLAT 6 GREENSIDE VIEW SPRINGFIELD ROAD |
| 6 Apr 2023 | £1,111,973 | £1,100,000 | 7 KILMORE DRIVE |
| 25 Nov 2022 | £1,284,442 | £1,300,000 | BULFORD LODGE SPRINGFIELD ROAD |
| 17 Dec 2021 | £1,242,262 | £1,159,500 | THE PINES SPRINGFIELD ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 3 Nov 2017. Using an estimated price of £867,535 means this house is valued at £6,522 per sq meter (£605 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chesters Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Dundaff Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ardrossan Avenue |
| Mar 2024 | Anti-social behaviour | On or near Youlden Close |